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Moldova will receive grants of 48.7 million euros from Germany for the implementation of projects in the field of energy efficiency, water supply and sewerage.

Moldova will receive grants of 48.7 million euros from Germany for the implementation of projects in the field of energy efficiency, water supply and sewerage.

The press-service of the parliament has informed about it, having noticed that granting of this gratuitous financial aid provides the corresponding agreement with the government of Germany negotiations on the conclusion of which were approved on Wednesday by the parliamentary commission on foreign policy and European integration. The money will be used to finance two projects in Moldova: "Green energy production and energy efficiency" (38.7 million euros) and "Water supply and wastewater treatment in Cahul district II stage" (10 million euros). Thus, most of the money provided will be invested in the national program of energy rehabilitation of Moldova's real estate fund, which targets both public institutions (kindergartens, schools, city and district hospitals) and residential buildings. The project provides for the performance of works to improve the energy performance of buildings: reconstruction of heating, ventilation, heat distribution and lighting systems. At the same time, 10 million euros provided by the German government will be used to finance the project "Water supply and wastewater treatment in Cahul district II stage". Additional sources of financing are necessary to cover the budget deficit of the project, which envisages installation of a new water main, rehabilitation of some water supply sections in Cahul municipality, expansion of the city sewerage system and repair of 2 sewage pumping stations. // 17.05.2023 – InfoMarket

News on the subject

The EBRD will provide a loan of 23 million euros, and the EU - a grant of 20 million euros for the repair of 2 key sections of railways in Moldova.
The EBRD will provide a loan of 23 million euros, and the EU - a grant of 20 million euros for the repair of 2 key sections of railways in Moldova.
The EBRD and EIB will provide €18 million to modernize Poșta Moldovei (Post of Moldova) and facilitate the digital transition of the company and diversify its services.
The EBRD and EIB will provide €18 million to modernize Poșta Moldovei (Post of Moldova) and facilitate the digital transition of the company and diversify its services.
The EBRD will provide Moldova with a grant of 5.6 million euros for the processing of solid waste.
The EBRD will provide Moldova with a grant of 5.6 million euros for the processing of solid waste.
The Japanese government to provide about $100 million for Moldova's economic recovery.
The Japanese government to provide about $100 million for Moldova's economic recovery.
European Parliament approves additional 145 million euros in macro-financial assistance for Moldova, thus increasing its total amount to 295 million euros.
European Parliament approves additional 145 million euros in macro-financial assistance for Moldova, thus increasing its total amount to 295 million euros.
Moldova will receive from the EU a new 40 million euro assistance package for the National Army to strengthen defense capabilities - Defense Ministry.
Moldova will receive from the EU a new 40 million euro assistance package for the National Army to strengthen defense capabilities - Defense Ministry.