KfW Development Bank

Having entered into contractual agreements (i.e., Grant Agreement, Grant and Project Implementation Agreement as well as Separate Agreement) with the Project Executing Agency, KfW Development Bank both tracks and reports regularly to the EU on the progress of project implementation and the Project’s compliance with the agreed objectives and procedures under these agreements. KfW also ensures that the EU is provided with relevant documents for information and approval as agreed in the contractual framework.

During the set-up and implementation of the Project, KfW closely monitors the key steps, reviews the core documents to be elaborated for the two components and provides No-objection as agreed contractually.

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