SARAJEVO (Bosnia and Herzegovina), December 21 (SeeNews) – The president of Bosnia's Federation has signed a 11 million euro ($13.1 million) loan deal with the European Bank for Reconstruction and Development for the Plava Voda regional water supply project, the office of the entity president said.
The aim of the project is to ensure reliable long-term water supply in the municipalities of Travnik, Zenica, Novi Travnik, Vitez and Busovaca by building water intake structures at the Plava Voda spring, the office of the president, Marinko Cavara, said on Wednesday.
The proceeds of the loan will be used to finance half of the project, which foresees the construction of water intake structures, together with a chlorination station in Travnik, and the construction of a main pipeline about 33 km long from the spring in Travnik to the main reservoir Putovici in Zenica.
The other half of financing will be provided by the Council of Europe Development Bank in the form of a loan.
Some 250,000 citizens in two central Bosnian cantons are to benefit from improved water services, the EBRD said earlier.
The two cantons are located in the Federation, one of two autonomous entities that make up Bosnia. The other is the Serb Republic.
($=0.842143 euro)