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The German government is giving Moldova a grant of 2 million euros for the development of infrastructure projects in 18 localities of the country.

The German government is giving Moldova a grant of 2 million euros for the development of infrastructure projects in 18 localities of the country.

According to the German Development Bank KfW, funds will be allocated through the bank in the framework of the third phase of the program "Social Infrastructure and Energy Efficiency 2018". The beneficiaries of the grant will be 12 villages and 6 cities, mainly from the central part of the country. The maximum amount of grants will be 75 thousand euros for rural settlements and 150 thousand euros for cities. The funds will be allocated for the repair of kindergartens and sports schools, improvement of recreational facilities, repair of sidewalks and street lighting. As previously reported, the beneficiaries of the grants should also provide a contribution: at least 15% of the total cost of the project for rural settlements and 30% for cities. The "Social Infrastructure and Energy Efficiency" program was launched in 2003 and is managed by KfW and the Social Investment Fund of Moldova (FISM). Within the framework of the program, have been implemented 210 projects in 20 districts of the northern and southern regions of Moldova. The total project budget was 9.65 million euros.//06.08.2018 — InfoMarket.

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