EU supports modernisation of water infrastructure in the Czech Ústí nad Labem Region with € 14 million grant and € 56 million EIB loan under the Just Transition Mechanism
Czechia, July 14 -- The European Union supports a major investment in water infrastructure in the Ústí nad Labem Region in north-western Czechia to enhance the local water management systems. The project, with an estimated budget of € 77 million, receives support under the Public Sector Loan Facility (PSLF), combining an EU grant of €14 million with a €56 million loan from the European Investment Bank (EIB).Severo?eska vodarenska spole?nost, the Czech water utility company, implements the project, which focuses on modernising water infrastructure in a region undergoing a structural transformation as it moves away from its historical reliance on mining and heavy coal-based industry.The project includes a comprehensive set o...
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