EIB Global, the arm of the European Investment Bank for activities outside the European Union, will provide a €1 million technical assistance grant to help the Tirana municipality improve its water distribution network and ensure a stable and continuous water supply. The advisory support will enable the successful rollout of a project aiming to improve the water distribution system in the Municipality of Tirana, while strengthening the implementation capacities of the Tirana water company (UKT). Once completed, the investment will help improve access to water supply for over 800 000 people, reduce water losses and modernise the city’s water management system.

The grant agreement was signed at a ceremony held in Tirana in the presence of Deputy Mayor of Tirana Anuela Ristani and EIB Global Loan Officer for Albania Konstantinos Mastrogiannopoulos. It comes on top of the EIB loan signed with the Municipality of Tirana in 2021.