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KfW to provide 11 mln euro financing for two landfill projects in Serbia

Author Radomir Ralev
KfW to provide 11 mln euro financing for two landfill projects in Serbia Source: Serbian Infrastructure Ministry

BELGRADE (Serbia), December 16 (SeeNews) - German development bank KfW has signed an agreement to provide an 11 million euro ($12.3 million) grant to Serbia for the construction of landfills in Krusevac and Vranje, the Serbian infrastructure ministry said. 

Serbia's government has ensured an additional 22 million euro for the project, which brings total investment in the two landfills to 33 million euro, the infrastructure ministry said in a statement last week.

"This is only a part of what we do with KfW, we also build water plants and implement projects in the field of wastewater treatment, and the total value of the projects we cooperate on is more than 200 million euro," infrastructure minister Zorana Mihajlovic said.

"The backbone of our activities so far has been the areas of water supply and wastewater management in mid-sized cities. We are now embarking on a new programme, which includes KfW support in Serbia in the field of solid waste management, where there is a great need for investment and compliance with EU requirements," Kirk Mildner, Head of Division Municipal Infrastructure and Transport Southeast Europe and Turkey of KfW, said.

($ = 0.897583 euro)