Economie & Commerce
EIB Funds €175M Upgrade for Spain's Water Infrastructure
The European Investment Bank (EIB) is providing a €175 million loan to upgrade water infrastructure on Spain's Costa del Sol. The financing will support the local utility's investment programme to improve water supply, sanitation, and wastewater treatment in the region. This project aims to enhance service quality, reduce water losses, and increase resilience to climate change impacts like drought. The investment will benefit local communities and the vital tourism sector by ensuring a more sustainable and secure water supply.
EU investment helps secure water supply and combat drought in a key Spanish region.