The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the City of Pristina are joining forces to upgrade the municipal infrastructure in Kosovo’s capital.
A Memorandum of Understanding (MoU) was signed in London by EBRD’s Managing Director for Infrastructure, Thomas Maier, and the Mayor of Pristina, Shpend Ahmeti, on March 27, according to EBRD.
The MoU identifies thematic areas of cooperation such as urban transport, water and wastewater services, solid waste management, street lights. Another focus is energy efficiency improvements for public buildings such as schools, hospitals and administrative buildings.
The first project, under this partnership, which will renew the City’s bus fleet, is already at an advanced stage of preparation.
“We’re pleased to expand our excellent cooperation with the authorities of Kosovo to the country’s capital to help upgrade its infrastructure. We have already identified important areas where the EBRD’s expertise can contribute to the efficient implementation of municipal projects. Our projects will benefit all inhabitants of Pristina. This is at the core of what we do”, EBRD Managing Director, Infrastructure, Thomas Maier, said.
“We are pleased to work with the EBRD to increase the efficiency of municipal services and to upgrade our infrastructure. We believe that this will improve people’s lives and our partnership with the EBRD will have a positive impact on every citizen of Pristina,” Mayor Shpend Ahmeti added.
The EBRD began investing in Kosovo in 1999. To date, it has signed 39 projects in the country with a net cumulative business volume of more than €124 million. Kosovo became a member and country of operations of the EBRD in December 2012.
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