EUR 140 million loan to the Ministry of Finance for the financing of waste-water projects in 57 agglomerations outside bigger cities. This is the first instalment of EUR 140 million of an overall credit line of EUR 290 million made available for this project. The works include sewer networks, pumping stations and treatment facilities across Cyprus, including the construction of 8 waste water treatment plants. This large-scale project has an overall investment cost of EUR 800 million. It is co-financed by the EIB and EU Cohesion Funds, while substantial subsidies are made available by the Cypriot budgetary resources. Read More
