FBiH Environmental Protection Fund co-finances the Plava Voda water supply construction project

Patria
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FBiH Environmental Protection Fund co-finances the Plava Voda water supply construction project

The FBiH Government has given consent to the FBiH Environmental Protection Fund to sign a Loan Support Agreement for the project “Construction of the regional water supply Plava Voda” in Travnik with the European Bank for Reconstruction and Development (EBRD), reports the Bosnian news agency Patria.

The Federal Government established the public interest of this project on 10.1.2013, after which the Public Enterprise Regional Water Supply “Plava Voda” d.o.o. Travnik on 30.12.2014 addressed the FBiH Environmental Protection Fund with a request for the Fund to participate in the repayment of part of the loan taken from the EBRD.

The total value of the loan is eleven million euros, and the Fund was asked to participate in the repayment with 25 percent of the total debt, i.e., 6,129,345 KM over a period of 15 years (2016-2030).

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