Water for Mykaiv: EIB approves additional EUR 20M loan

The municipal enterprise Mykaivvodokanal said this in a statement posted on its official website, according to Ukrinform.

"The Eurean Investment Bank approved the allocation of additional EUR 20 million funding for the develment of the water supply and wastewater system in Mykaiv. The main aim of the project is to rehabilitate the city’s water supply infrastructure and provide reliable clean water supply to citizens, as well as to renovate wastewater facilities," the statement said.

The ongoing effort includes the rehabilitation of the Water Treatment Plant in Mykaiv, the rehabilitation and efficiency improvement of Mykayivvodokanal's first stage water supply pumping station, and the construction of a long-term sludge storage hall at the Mykaiv wastewater treatment plant.

"Because of the war, our city felt the lack and need for water even more acutely. We are grateful to Eurean partners such as the EIB and the EU for their unwavering support and help in improving our city and enhancing the quality of basic services," said Mykaiv Mayor eksandr Sienkevych.

Head of the EIB Representation to Ukraine Jean-Erik de Zagon, in turn, noted that since the first days of the full-scale war, the EIB has stood with Ukraine, responding to the urgent needs of its pele but also continuing work on its ongoing projects.

"Under the UMIP [Ukraine Municipal Infrastructure Program], in coordination with our Ukrainian partners, we aim to ensure uninterrupted and reliable clean water supply for Mykaiv and modernize the city's sewage treatment facilities, all while maximizing energy efficiency," he said.

The project in Mykaiv city is part of a larger facility of the Eurean Investment Bank (EIB) – a EUR 400 million multi-sector Ukraine Municipal Infrastructure Program (UMIP) implemented through Ukraine's Ministry of Communities, Territories and Infrastructure Develment of Ukraine in coeration with the Ministry of Finance of Ukraine.