Serbian Minister of International Economic Relations Milan Parivodic, representatives of water supply and sewerage system public companies and Director of German government’s KfW Entwicklungsbank (KfW development bank) Johannes Feist signed an agreement on donating €10 million for the third phase of a reconstruction project of city water supply and sewerage system.
The project will be implemented in Kragujevac, Nis, Novi Sad and Belgrade. A total of €8 million will be used for financing the most important investment projects and expenses for consultancy services. The remaining €2 million will be used for the programme of support to institutions of cities users, the Ministry of International Economic Relations said in a statement.