kfw

KfW Expands Serbia’s Access to Long-Term Finance for Energy and Infrastructure

Germany’s development bank KfW is supporting Serbia through long-term financing, grants and technical assistance across energy, environmental protection, municipal infrastructure and business investment. German commitments linked to KfW’s Serbian portfolio have reached about €1.4 billion across ongoing and planned programmes. Around €700 million is allocated to energy and environmental projects, €340 million to sustainable economic development and employment, and €330 million to municipal and urban infrastructure. The portfolio includes hydropower rehabilitation, the Trans-Balkan electricity corridor, biomass district-heating systems, water infrastructure,…