The Jogorku Kenesh ratified the EBRD loan for the expansion of wastewater treatment facilities in Osh
8.3 million euros will be allocated for the upgrade of wastewater treatment facilities in Osh.
Today, during the third reading, the Jogorku Kenesh adopted a bill concerning the ratification of agreements on loans and grants between Kyrgyzstan and the European Bank for Reconstruction and Development. These funds will be used for a project to expand the sewage treatment facilities (STF) in the city of Osh.
The total funding amount will be 8.3 million euros: 4 million euros will be a loan from the EBRD, 3 million euros will be a grant from the European Union, and 1.3 million euros will be a grant from the Green Climate Fund of the EBRD.
The loan is issued for 15 years with a grace period of 4 years, and the interest rate will be 1% per annum plus Euribor (for a six-month period). The project is expected to be implemented over three years.
The funds will be directed towards the comprehensive upgrade of the first complex of treatment facilities, which was built in 1965 and has not been operational since 1978. The project includes major repairs of buildings and the installation of modern equipment, including screens, sand traps, sedimentation tanks, aeration tanks, pumping and blower stations, and contact tanks.
The implementation of this project will significantly increase the capacity for wastewater treatment and connect new residential and social facilities, ultimately improving sanitary conditions in Osh. The bill was successfully approved by the parliament.
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