According to the Bank’s website, the project consists of a sovereign loan of up to EUR 3.745 million to the Kyrgyz Republic to be on-lent to the municipality of Bazar-Korgon under the KR Water and Wastewater Framework - Extension. The loan will support modernisation and centralisation of water supply services in the City of Bazar-Korgon and neighbouring settlements of Akman and Beshik-Jon. The proposed loan is expected to be co-financed by a capex grant of up to EUR 3.745 million from the international donor or the SSF.
The Project will finance critical drinking water supply improvements in Bazar-Korgon, including the modernisation and centralisation of water supply services in the City of Bazar-Korgon and neighbouring settlements of Akman and Beshik-Jon, the introduction of water metering, the procurement of operation and maintenance equipment and machinery, and the construction of an office building.
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