Connect with us

Finance

Moldova: Team Europe — EIB supports modernisation and expansion of public healthcare sector with €498 000 grant agreement

  • A €498 000 grant from the EIB-managed Eastern Partnership Technical Assistance Trust Fund (EPTATF) will support the Ministry of Health of Moldova in preparing a project for the construction of two new regional hospitals — one in the northern city of Bălți and one in the southern city of Cahul.
  • The construction of the two regional hospital is a vital part of the government’s plans to modernise Moldova’s public healthcare system.
  • The project is expected to be co-financed by the EIB and the Council of Europe Development Bank (CEB), with the EIB taking the lead on the Cahul regional hospital, and the CEB taking the lead on the Bălți regional hospital.

The European Investment Bank (EIB) and the Ministry of Health of Moldova have today signed a €498 000 grant agreement funded by the EIB-managed EPTATF. These funds will cover the establishment of a project implementation unit in the Ministry of Health to assist it in the preparation of feasibility studies, the functional plan, the preliminary design and tender documents for the planned construction of the two new regional hospitals in Cahul and Bălți. Swedfund has provided a SEK 10 million (almost €1 million) grant to cover the cost of the feasibility study and design of the Cahul hospital.

The new regional hospital in Cahul will expand the range of medical treatments available locally for more than 120 000 people living in southern Moldova, including treatments for cancer patients, such as chemotherapy.

EIB Vice-President Teresa Czerwińska, who is in charge of EIB operations in Moldova, said: “The mission statement of the EIB is to improve people’s lives. With the signature of this EPTATF grant, we lay the foundations for constructing the regional hospital in Cahul and thus improving the quality and accessibility of healthcare services for Moldovans. Furthermore, the expansion of healthcare facilities will make the country more resilient to current and future threats and crises, such as the COVID-19 pandemic and the war in Ukraine. The EIB is proud to cooperate with Team Europe and the Government of Moldova in modernising its public healthcare system. Investing in health benefits everyone.”

Jānis Mažeiks, Ambassador of the European Union to the Republic of Moldova, said: “The European Union provides continuous support to the healthcare system of the Republic of Moldova, contributing to its long-term resilience. In a Team Europe approach, constructing new regional hospitals will increase the quality and efficiency of medical treatments using the latest technology and know-how in the field. The new hospitals will help the public health system to cope with future pandemics and other health challenges better, and will address the needs of the citizens of the Republic of Moldova who live in the regions of the country.”

Working together to modernise the public healthcare system for Moldovans

The Moldovan government’s national health strategy for 2022-2031 identifies the construction of the new regional hospitals in the cities of Cahul and Bălți as the country’s priority projects and key to the sustainable development of the national health system.

The EIB and the Council of Europe Development Bank are currently considering co-financing the project for the construction of two hospitals, with the EIB planning to fund the hospital in Cahul, and the CEB the hospital in Bălți. The new hospitals are vital to increasing the Moldovan healthcare system’s capacity to provide high quality, affordable medical care to the public.

The EPTATF and Swedfund grants will support the accelerated modernisation and expansion of the public healthcare sector in Moldova, and improve its resilience to major crises such as the COVID-19 pandemic and the war in Ukraine — a shared priority for both the Government of Moldova and Team Europe.

The EIB established the EPTATF in 2010 as a trust fund to enhance the development impact of investment projects and finance technical assistance operations in the Eastern Partnership countries, including Moldova. The trust fund accelerates private sector development, social and economic infrastructure development and climate change mitigation and adaptation.

 

Source – Moldova: Team Europe

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Travel1 year ago

Brewing Excellence’ – Emirates offers a world class range of coffee to connoisseurs

Celebrating International Coffee Day on 1 October, Emirates highlights the wide array of artisan coffee served in Emirates lounges and...

Travel1 year ago

Emirates’ Premium Economy to extend to São

Premium Economy to be introduced on Emirates’ A380 service to São Paulo from 19 November, representing the first in Emirates’...

Finance1 year ago

Metro Bank Women’s Team of The Year Announced

Best domestic XI selected by PCA MVP Rankings, powered by Argentex Georgia Adams captains the 2023 Metro Bank PCA Women’s...

Auto1 year ago

Honda and Acura Electric Vehicles Will Have Access to Largest EV Charging Networks in North America Aided by New Agreements with EVgo and Electrify America

New agreements add single-app access to EVgo and Electrify America charging networks, plus roaming partners, through the HondaLink® and Acura...

Technology1 year ago

Oracle Partners with TELMEX-Triara to Become the Only Hyperscaler with Two Cloud Regions in Mexico

Oracle opens new region in Monterrey in partnership with Teléfonos de México (TELMEX-Triara) and continues expanding its global cloud region...

Education1 year ago

Cosmic Web Lights Up in the Darkness of Space

Like rivers feeding oceans, streams of gas nourish galaxies throughout the cosmos. But these streams, which make up a part...

Technology1 year ago

75% of Companies Struggling with IT Operational Challenges in a Hybrid World

HP Inc. (NYSE: HPQ) announced the findings of a new commissioned study, conducted by Forrester Consulting, highlighting the need for...

Finance1 year ago

Visa Program Combats Friendly Fraud Losses For Small Businesses Globally

Visa Inc. (NYSE:V), a world leader in digital payments, spotlighted the evolution of its dispute program, making it easier for...

Food and Beverage1 year ago

New study measures the coca-cola system’s u.s. Economic contributions at $57.8 billion in 2022

In the United States, The Coca‑Cola Company and 64 independently owned bottlers, collectively the Coca‑Cola system, contributed $57.8 billion in...

Finance1 year ago

Court approves ANZ and ASIC settlement relating to credit card cash advance fees being charged in some circumstances

Further to a release on 30 May 2022,[1] ANZ announced that the Federal Court of Australia has approved its agreement...

Translate »
Exit mobile version