News TAJIKISTAN

Tajikistan will receive 55.4 million euros for roads and water supply in Kulob

The European Bank for Reconstruction and Development (EBRD) will allocate up to 55.4 million euros in loans for the modernization of a road in the Khatlon region and a water supply and sewage project in Kulob. As reported by the bank’s press service, up to 49.2 million euros is earmarked for the modernization of a […]

Tajikistan will receive 55.4 million euros for roads and water supply in Kulob Photo: Internet

The European Bank for Reconstruction and Development (EBRD) will allocate up to 55.4 million euros in loans for the modernization of a road in the Khatlon region and a water supply and sewage project in Kulob.

As reported by the bank’s press service, up to 49.2 million euros is earmarked for the modernization of a 56-kilometer section of the Baljuvan — Sari Khosor road. The road is expected to provide more convenient transport links for 19 settlements, home to about 6,000 people. Currently, the road becomes impassable in winter and spring due to seasonal flooding, significantly complicating travel.

To implement the project and provide consulting services on road safety, the EBRD will also allocate a grant of up to 4.2 million euros.

A separate loan of up to 6.2 million euros will be allocated for the completion of a major ongoing water supply and sewage project in the city of Kulob. The project includes the modernization of water supply and sewage networks, pumping stations, treatment facilities, and the installation of water meters. According to the bank, this will help over 100,000 people gain uninterrupted access to clean water. Additionally, the EBRD will provide a grant of up to 3.4 million euros to support the project’s implementation. Previously, the EBRD and the European Union allocated loans and grants totaling 16.5 million euros for this project.

Thus, 55.4 million euros will be allocated to the state in the form of loans, while the total amount of grants will reach up to 7.6 million euros. The bank’s announcement does not specify the interest rates on these loans or repayment terms.

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