Chernivtsi to modernise its water supply system

The EU and Germany have allocated €20 million toward the first phase of a project to upgrade the municipal water supply and drainage system in Chernivtsi. Out of this amount, €17 million is a concessional loan from the German government, and €3 million is an EU grant. The funding will be administered by the German KfW Development Bank. On April 13, Oleksiy Kaspruk, the mayor of Chernivtsi, and Roland Siller, a member of the KfW management committee, signed an agreement on the financing and implementation of the project.

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