Strategic Alliance (STA) Hydro-Comp – GIZ for Integrated Asset Management (IAM) in South East Europe (SEE) will now cover all 6 countries in the Region with project expansion to Albania and Kossovo
The positive results shown after the 1.5 years implementation of the project Integrated Asset Management for Water Utilities in South-Eastern Europe and the recommendation from the independent Mid-term review (May 2018), convinced the German Federal Ministry for Economic Cooperation and Development (BMZ) and Hydro-Comp Enterprises Ltd. to provide further support.
Namely, the project has been expanded to two more countries – Albania and Kosovo with the duration until November 2021. With the additional budget of €2.1M, also the activities in the current participating countries (Bosnia and Herzegovina, Macedonia, Montenegro and Serbia) will be extended until November 2021.
The targeted number of utilities in all 6 countries in South-Eastern Europe increases to more than 100 (double on the current 52 participating utilities).
This is a confirmation how important is the practicing of the proper Integrated Asset Management in the public utilities in South-Eastern Europe.