improve the quality of water services in Bosnia and Herzegovina with a €5 million sovereign loan to finance the expansion of the water supply infrastructure in the municipality of Capljina, in the southern part of the country.
The financing will be used by the municipal public utility company JP Komunalno Capljina to expand the water supply network in sub-urban areas and to replace outdated water meters.
The project will connect about 2,300 new consumers to water supply systems, and will contribute to raising the living standards of the population in the rural parts of the Capljina municipality.
The project will be co-financed by a €4.5 million grant from the European Union’s Instrument for Pre-accession Assistance (IPA), administered and managed by the Bank. Additional technical co-operation for the preparation and implementation of the project has been provided by the Central European Initiative, as well as by the governments of Spain and the Czech Republic.
“This investment will improve the reliability and quality of the water supply in the municipality of Capljina. With the support of the EBRD, Komunalno Capljina will align its services to international standards and will strengthen its operational efficiency,” said Jean Marc Peterschmitt, Managing Director for Central and Southeast Europe in EBRD.
Dr Nikola Špirić, Minister of Finance and Treasury, stated that this project is of great importance for the population of Capljina municipality.
“This project, financially supported by the EBRD, shall solve the long-standing problems in water supply of Capljina citizens. All works should be completed by the end of June 2015, which should significantly reduce water losses in the existing water supply network, as well as create conditions for connection of new consumers to the public water supply system“, said Minister Špirić.
Since the beginning of its operations in Bosnia and Herzegovina, the EBRD has committed over €1.3 billion in various sectors of the country’s economy, mobilising additional investment of more than €1.6 billion.