EBRD support for Montenegrin regional water supply system: : €15 million to construct northern branch of the costal water supply system

The EBRD is lending €15 million to the Montenegrin regional water supply company to support the rehabilitation and construction of a regional water supply system that will provide potable water from Lake Skadar to the municipalities along the Montenegrin coast.

The project, which has been developed in close co-operation with the World Bank, will provide a long-term sustainable solution to water supply requirements of the coastal cities and underpin Montenegro’s expanding tourism potential.

The Bank will finance the rehabilitation and construction of the northern branch of the system which will supply Budva, Tivat, Kotor and Herceg Novi, and the World Bank will finance water extraction from Skadar Lake, water treatment, the main continental part of the network and the southern branch supplying Bar and Ulcinj.

The borrower, “Regionalni Vodovod Crnogorsko Primorje” is a state-owned enterprise established for the purpose of providing bulk water to the local water companies serving the coastal municipalities in Montenegro.