News
photo source: imagine simbol
Posted by: Ecaterina Arvintii
News / Economic
08 Dec. 2021 / 15:57
Energy efficiency of public institutions will be increased with EIB support
The European Investment Bank (EIB) is offering a loan of 30 million euros to Moldova. The money will be used for the energy rehabilitation of public institutions of national and local importance, such as hospitals, kindergartens, schools, etc. In this regard, the Executive approved today, December 8, the signing of the financing contract between the Republic of Moldova and the EIB on implementing the project "Energy Efficiency in the Republic of Moldova".
According to the Government, the Republic of Moldova will contract a loan of 30 million euros from the EIB, another loan of 30 million euros from the EBRD, a grant of 15 million euros from the Commission's Neighborhood Investment Platform (NIP), as well as a grant of € 500,000 from the Eastern Partnership Technical Assistance Trust Fund (“EPTATF”), with a project implementation period of four years (2022 - 2025).
According to the terms of the financing agreement, the EIB loan will be granted in ten installments, the minimum amount of which will be one million euros. A grace period of five years and a maximum period of 20 years from the receipt of each installment shall apply for the repayment of each installment.
According to the Government, the project will include the following hospitals of national importance: the Institute of Emergency Medicine; Institute of Cardiology; Institute of Oncology; Mother and Child Institute; Republican Clinical Hospital, Institute of Neurology and Neurosurgery, Republican Center for Medical Diagnosis, Balti Clinical Hospital, Clinical Hospital for Psychiatry and the Center for the Recovery of the Elderly and Disabled "SPERANTA".
Latest News
News / Advertorial
09 Mar. 2026 / 10:25
Show Comments