Parliament ratifies 30 million euro financing agreement between Moldova and EIB on energy efficiency – DOC – Ziarul de Garda
The financing contract between the Republic of Moldova and the European Investment Bank (EIB) for the implementation of the Project “Energy Efficiency in the Republic of Moldova” was ratified on Thursday, April 7, by the Parliament.
The value of the contract between the Government and the EIB is EUR 30 million.
According to Parliament, the financial means to increase energy efficiency in public institutions: hospitals, kindergartens, schools.
The project also provides for the exemption from VAT, excise duties, payment of customs duties and other taxes on the import of goods, works, services for the implementation of the Project “Energy Efficiency in the Republic of Moldova”.
Earlier, the Legislature ratified the Loan Agreement between the Republic of Moldova and the European Bank for Reconstruction and Development (EBRD), of similar value, which is also intended for the implementation of the Project “Energy Efficiency in the Republic of Moldova”.
The total value of the project is EUR 75.5 million, including the two loans – from the EIB and the EBRD and the grant component.
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