EIB approves €20 million loan for Mykolayiv water and wastewater improvement

Mykolayiv, a city near the Black Sea in southern Ukraine, will receive an additional €20 million in funding from the European Investment Bank (EIB) for water and wastewater modernisation. 

The effort includes the rehabilitation of the Water Treatment Plant in Mykolayiv, the rehabilitation and efficiency improvement of the city’s water supply pumping station, and the construction of a long-term sludge storage hall at the Mykolayiv wastewater treatment plant.

The rehabilitation will help the city overcome urgent problems of water shortage and increase resource efficiency.

“We aim to ensure uninterrupted and reliable clean water supply for Mykolayiv, and modernise the city’s sewage treatment facilities, all while maximizing energy efficiency,” said the Head of European Investment Bank Representation to Ukraine, Jean-Erik de Zagon.

The project in Mykolayiv is part of a larger facility of the European Investment Bank (EIB), a €400 million multi-sector Ukraine Municipal Infrastructure Programme (UMIP). UMIP is complemented by technical assistance to support programme implementation. 

Technical assistance is provided through the Eastern Partnership Technical Assistance Trust Fund (EPTATF) and the Neighbourhood Investment Platform (NIP). 

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Press release