The EBRD is supporting the Karabalta Water Rehabilitation Sub-Project. The EBRD extends a loan with a sovereign guarantee of up to €2 million to the Kyrgyz Republic, to be on-lent to the Karabalta Water Company for improvement of water supply and wastewater services.
The EBRD also seeks an investment grant from an international donor of €3 million to facilitate implementation of the project which addresses urgently needed water and wastewater infrastructure rehabilitation needs.
This support will be extended under the existing EBRD sovereign framework of up to €20 million, established by the Bank to co-finance with international donors priority water and wastewater rehabilitation sub-projects across the Kyrgyz Republic. The framework envisages sovereign loans that would be on-lent to the water companies involved as appropriate and would address urgently needed water and wastewater infrastructure rehabilitation needs.