12:53 - 1.05.2026

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May 1, Fineko/abc.az. The EBRD has given a loan of €91 million to Azerbaijan for a project of water supply, sewerage and construction of biological treatment facilities in the city of Shaki and surrounding villages.

ABC.AZ informs with reference to the EBRD that the decision was approved by the EBRD Board of Directors on April 29. The loan will be given in two tranches - €57 million and €34 million.

The total cost of the project is €95 million, of which €4 million is allocated in the form of a grant.

The project is aimed at creating a modern and sustainable water supply and sewerage infrastructure in Shaki, as well as in the settlements of Ohud, Kish and Gokhmug. It is expected to have positive impact on the environment, reduce water losses, increase energy efficiency and improve wastewater treatment, contributing to the "green transition" of Azerbaijan.

The recipient of the loan is the Ministry of Finance of Azerbaijan, and the beneficiary is the State Agency for Water Resources of Azerbaijan.