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EBRD supports solid waste management programme in Romania
€6.2 loan, supported by EU, benefits Arges County
The EBRD is lending the County of Arges, in southern Romania, €6.2 million to
support a solid waste management programme covering the main municipalities in
the county. This is the second such EBRD deal following the Bacau County
project this week, and will be coupled with €18.3 million in grant finance
from the European Union under ISPA, a programme supporting infrastructure
projects in Accession countries, that will finance a new EU-compliant landfill.
The EBRD loan will support a county programme to create a new regional
landfill, improve solid waste collection facilities, and help close illegal
dumpsites and landfills incompliant with the EU. The loan will specifically
finance waste collection and transportation trucks, waste collection
containers, and containers that will support waste segregation, recycling and
composting. The Bank will also work with the county to integrate private
companies to boost private public partnerships in the sector.
Thomas Maier, EBRD Director for Municipal and Environmental Infrastructure,
said Romania faces major challenges in modernising solid waste management,
especially as the country’s accession to the EU draws nearer. This is the
EBRD’s second such loan in Romania and one the Bank will build on across other
county’s in the country, said Mr Maier. A major role for the Bank in new
projects in this sector will be to couple the private and public sector in
infrastructure projects, he added.
Constantin Nicolescu, President of the Arges County, said the EBRD loan is
important in supporting a two-part programme being implemented by the county
that should improve waste management across the whole of Arges County,
covering the capital Pitesti, as well as centrally located municipalities and
rural areas – in all, a population of around 650,000.
The EBRD is one of the largest investors in Romania having committed more than
€3.1 billion in projects.
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