Saudi Water Academy
Connecting Waterpeople

You are here

Serbia: EIB helps to improve sanitation and sewerage systems in Belgrade

About the entity

European Investment Bank
The EIB is the European Union's bank. We are the only bank owned by and representing the interests of the European Union Member States. We work closely with other EU institutions to implement EU policy.
  • Serbia: EIB helps to improve sanitation and sewerage systems in Belgrade
  • The EIB has signed a EUR 35m loan to finance the sewerage system of the City of Belgrade, improving living conditions for 170 000 people in the Palilula Municipality.
  • The project aims to provide vital infrastructure to local residents and reduce pollution of the Danube River and groundwater via the construction of a wastewater treatment plant.
  • The EU bank also provided a technical assistance grant of up to EUR 1.1m for the preparation of the project under the Economic Resilience Initiative (ERI).

The European Investment Bank (EIB) is continuing to help improve environmental and social standards in Serbia with a EUR 35 million loan to the City of Belgrade. The loan will finance the sewerage system and a wastewater treatment plant in the Municipality of Palilula, located on the left bank of the Danube River. The project will help provide better sanitation and living conditions for approximately 170 000 people, will contribute to reducing environmental pollution and will increase the EIB’s support for the environment sector in line with the EU strategy for the Western Balkans. 

In addition to the EIB loan, the investment will benefit from a EUR 1.1m technical assistance grant, provided under the Economic Resilience Initiative (ERI) to support the City of Belgrade in better preparing and implementing the project. The remaining share of a total EUR 52m in financing will be provided by the municipal budget.

The loan was signed in Luxembourg by Miguel Morgado, Director of the EIB’s Adriatic Sea Lending Operations Department, and Goran Vesic, Deputy Mayor of the City of Belgrade.

Miguel Morgado said: “We look forward to having this complex project completed as planned according to the best European standards, and to support other much needed, viable projects in the environment sector, thus contributing to climate action as a top priority. We are also happy to have mobilised a EUR 1.1m technical assistance grant under ERI. With its lending and advisory operations and in close cooperation with the European Commission, the EIB is continuing to contribute to the economic development and well-being of the people of the region and covering a wide range of strategic sectors, from connectivity to the environment."

Subscribe to our newsletter

Topics of interest

The data provided will be treated by iAgua Conocimiento, SL for the purpose of sending emails with updated information and occasionally on products and / or services of interest. For this we need you to check the following box to grant your consent. Remember that at any time you can exercise your rights of access, rectification and elimination of this data. You can consult all the additional and detailed information about Data Protection.

Featured news