France to give loan to Ukraine for water supply of Mariupol

France to give loan to Ukraine for water supply of Mariupol

Ukrinform
The Cabinet of Ministers of Ukraine has approved a draft agreement with the French Government on supporting the project on supply of drinking water to Mariupol.

France will provide Ukraine with a EUR 64 million loan for the project, the Dzerkalo Tyzhnia (Mirror of the Week) portal informed.

Also, 70% of goods and services for the implementation of the project will be purchased from the French side.

The project envisages the development of a master plan for improving the water supply and wastewater disposal of Mariupol until 2040. The interest rate on the loan will be 0.08% per annum; a grace period will be 10 years.

France is ready to provide Ukraine with the loan under state and municipal guarantees.

As a reminder, the Horlivka water filtration station #2 in Donetsk region terminated the water supply due to the increase in water losses at the Horlivka-Toretsk water pipe. As a result of the incident, almost 42,000 people were left without water.


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