Finances

​EIB TO ALLOCATE 25 MILLION EUROS FOR EDIFICE FACADE INSULATION

05 december, 2016

The European Investment Bank and the Chisinau primaria [city government] a will sign a financing agreement, within which it will allocate 25 million euros for heating insulation of buildings and blocks of flats. According to Chisinau Mayor Dorin Chirtoaca, this is the first tranche; in total it is planned to allocate 500 million euros. Since 2007, the EIB has financed 15 projects in Moldova, three of which – in Chisinau. These are: purchasing of trolleybuses, water supply and sanitation system rehabilitation and repairing of six streets.

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