The Ministry of Finance and the Regional Development Agency "Center" signed an additional agreement on a German grant in the amount of 10 million euros for the development of a water supply system in the central regions of the country.
According to the Finance Ministry, in accordance with the provisions of the Supplementary Financing Agreement and the Grant Agreement concluded on January 12, 2021 with the German bank Kreditanstalt für Wiederaufbau (KfW), the Ministry of Finance and the Regional Development Agency "Center" signed on July 5 an additional agreement on the implementation of the project “Improvement of water infrastructure in Central Moldova, phase II” in accordance with the agreed terms. Thus, the Ministry of Finance, as a recipient on behalf of Moldova, will provide the Regional Development Agency "Center" with an additional grant of 10 million euros, provided by the German bank Kreditanstalt für Wiederaufbau (KfW) for the implementation of the mentioned project. The goal of the project "Improving water infrastructure in Central Moldova, phase II" is to improve living conditions of the population by minimizing health risks and efficient use of natural resources through the development and expansion of water supply services in rural areas, in particular, connecting 5 more rural settlements to the water supply Chisinau-Straseni-Сalarasi. The agreement also provides for the provision of advisory services to the Center for Regional Development Agency, as well as expert services to water supply operators in Straseni and Calarasi districts in order to expand the water supply zone and in the process of restructuring. Through this additional funding, the total project budget will reach 25 million euros, which are allocated in the form of gratuitous assistance by the German government.// 06.07.2021 — InfoMarket
