RIGA WATER
March 1st, 2003
BY KEITH NUTHALL
A PROGRAMME to improve drinking water supplies to the Latvian capital Riga is being extended by the European Bank for Reconstruction and Development; it is lending the Riga Water Company an additional Euro 9 million to seal pipeline leakages. The EBRD has already lent the company Euro 31 million and has decided to syndicate to Euro 20 million of the total funding to commercial banks.
A PROGRAMME to improve drinking water supplies to the Latvian capital Riga is being extended by the European Bank for Reconstruction and Development; it is lending the Riga Water Company an additional Euro 9 million to seal pipeline leakages. The EBRD has already lent the company Euro 31 million and has decided to syndicate to Euro 20 million of the total funding to commercial banks.
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