Regional Broadband Infrastructure Development

Rehabilitation and Construction of Municipal Water and Sanitation Infrastructure

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Project Financing

WBIF Grant MW-MNE-ENV-EIB-02 € 5,000,000
WBIF Grant TA-MON-05 € 150,000
WBIF Grant TA-MON-07 € 150,000
EBRD Grant € 300,000
WBIF Grant TA2-MNE-ENV-04 € 150,000
WBIF Grant TA3-MON-ENV-02 € 200,000
WBIF Grant TA3-MON-ENV-04 € 200,000
WBIF Grant WB6-MNE-ENV-17 € 600,000
Grant € 100,000
WBIF Grant WB7-MNE-ENV-24 € 700,000
Grant € 3,742,121
WBIF Grant WB8-MNE-ENV-32 € 400,000
WBIF Grant € 50,000
EIB Loan € 5,000,000
Beneficiary Contribution Own Contribution € 30,000
Beneficiary Contribution Own Contribution € 700,000
UNKNOWN Other Sources € 70,247,879
WBIF Grant WB15-MNE-ENV-01 € 540,000
EIB Loan € 10,000,000
EIB Loan € 16,500,000
EIB Loan € 25,500,000
WBIF Grant WB-IG03-MNE-ENV-02 € 2,993,000
Total € 143,253,000
Total Grants € 15,275,121
Total Loans € 57,000,000

Project Description

Montenegro, intent on developing to its full potential, particularly when it comes to tourism, has embarked on an ambitious programme of improving its water and wastewater systems.

A National Project Implementation Unit (PROCON) was established and tasked with the implementation of public utilities and environmental projects throughout the country. PROCON’s resources are however limited when compared to the volume of investments to be contracted, monitored and disbursed. To cover this gap, since 2009 the WBIF has financed project preparation (€2.6 million) and co-financed investments (€5 million) in several municipalities across the country. 

The investments will benefit approximately 200,000 people, who will have access to better water supply and wastewater facilities and who will thus be living in a safer environment. Moreover, the new investments will help the local citizens better capitalize on the tourist, agricultural and industrial potential of the region.

  • Countries: Montenegro
  • Code: PRJ-MNE-ENV-001
  • Sector: Environment
  • Monitor IFI: EIB
  • Status: Implementation
  • Beneficiary: Municipalities of Montenegro
Project financing split

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