Jan. 17 (Bloomberg) — Three Moldovan utilities have invited bids for a water development project co-financed by the European Bank for Reconstruction and Development, SeeNews cited by bank as saying.

Funding for six towns in the water system modernization program includes 10 million euros ($13.3 million) from the EBRD and loans for the same amount each from the European Investment Bank and the EU’s Neighbourhood Investment Facility, the news report said, citing an EBRD statement.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net