A total of 6 million euros will be set aside for the construction of a drinking water treatment plant in Vrsac. An agreement on a loan and the project funding was signed today in Belgrade.
The agreement is part of the Program of Water Supply and Sewerage in Medium-sized Municipalities in Serbia, which is being implemented by the Ministry of Economy in association with the Government of Germany and the German DEvelopment Bank (KfW) for the fourth consecutive year.
The total value of that program, which covers 16 municipalities in Serbia with a total of over 1.5 million inhabitants, is 89.4 million euros, and the funds are provided from a donation and a loan.
Implementation of the first part of the program started in 2008 in Kraljevo, Loznica, Pancevo, Sabac, Smederevo, Sombor, Sremska Mitrovica, and Vrsac.
After the agreement was signed, Minister of Economy Nebojsa Ciric said to the press that that document was very significant for Vrsac.
– This is a concrete example of assistance provided by the German government and KfW to Serbia, that is, the local self-government – he said and added that 60 percent of the funds were provided from a loan, while the rest came from a donation.
He added domestic construction companies would be hired for the construction.
German Ambassador Wolfram Maas stated that that project proved the intentions of Germany to support Serbia on its path to the EU.
– We insist on making that assistance beneficial to each citizen, and the best way to do that is by helping the supply of water, electricity and heating energy – Mr. Maas underlined.