EBRD support for earthquake-hit Malatya to improve water systems
Turkey, June 8 -- The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €95 million to support the rehabilitation and construction of water supply, wastewater and stormwater networks in the city of Malatya in south-eastern Turkiye.The financing, extended to the Republic of Turkiye and implemented by Iller Bankasi A.S. for the benefit of the Malatya Water and Sewage Administration (MASKI), will help restore essential municipal services following the devastating February 2023 earthquakes.Malatya's water and wastewater systems sustained significant damage during the earthquakes, leading to water losses, network leakages and operational disruptions in wastewater treatment, with adverse environm...
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