Central Asia

The European Investment Bank (EIB), the bank of the European Union, has joined the Coalition for Disaster Resilient Infrastructure (CDRI), a partnership of national governments, UN agencies, multilateral development banks and the private sector, which promotes the rapid development of infrastructure resilient to climate change and natural disasters in countries at all stages of development.

The European Investment Bank (EIB)-managed Eastern Partnership Technical Assistance Trust Fund (EPTATF) and Swedfund, the Development Finance Institution of Sweden, will provide up to €1 500 000 in grants to the Government of the Republic of Moldova to support the preparation of feasibility studies, the functional plan, preliminary design, and tender documents for the construction of a new regional hospital in the city of Cahul, a regional centre in southern Moldova. EPTATF is granting close to €500 000, with Swedfund donating up to SEK 10 million (around €1 million).

The European Investment Bank (EIB), the bank of the European Union, will invest an additional €150 million in the modernisation of highways in the Republic of Moldova and improved road safety in the country. Under the loan agreed with the Government of Moldova, the EIB will finance the reconstruction and modernisation of the Balti-Criva section of the M5 national road, and the Chisinau Bypass on the M2 road.