The EU's bank is investing in the Dutch drinking water

Water the project will receive € 150 million from the European investment Bank (EIB) for the supply of drinking water for the next few years to keep it. The money was meant for renovation of the network, the two sides on Wednesday will be announced.

the project comes up with the money to waste-water treatment plants, reservoirs and pumping stations to renew. Also, distribution networks, and water will be tackled. It is intended that there will eventually be a larger buffer, such as extreme weather conditions, and an increase in demand, which is necessary to make.

According to the financial and investeringsdirecteur Marike Bonhof of the project there over the next few years for two reasons: a lot of investment is needed in the network. "But the infrastructure is in need of replacement, but also due to demographic developments, the demand for water is becoming larger and larger. Just think of the growing number of single person households; they consume comparatively more water."

Because of the charges for tap water is regulated, it gets the company and not income to the investment to be able to pay for it. Vitens is the largest drinking water company in the Netherlands, as well as serving 5.8 million people.