Budapest mayor Gabor Demszky inaugurated a new central sewage treatment plant and related facilities, built for €429 million, on Monday.
Demszky said EU funding accounted for 65% of the investment costs, with 20% covered from government funds and 15% by the city council.
The investment will be continued with the creation of grade-three sewage treatment and the establishment of monitoring by the end of the year. These additional investments are expected to cost €62 million.
The investment was started in 2004, and also included the construction of 7 kilometers of sewage pipelines. The newly inaugurated sewage treatment plant allows for 100% biological sewage treatment. Half of Budapest's total amount of sewage will be treated here.
Demszky termed the development the CEE region's biggest environment protection and flood protection investment. (MTI – Econews)