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    Signature(s)

    Amount
    € 49,987,479.14
    Countries
    Sector(s)
    Ecuador : € 49,987,479.14
    Water, sewerage : € 49,987,479.14
    Signature date(s)
    30/11/2020 : € 49,987,479.14

    Summary sheet

    Release date
    24 January 2019
    Status
    Reference
    Signed | 30/11/2020
    20180262
    Project name
    Promoter - financial intermediary
    PORTOVIEJO WATER AND SANITATION
    EMPRESA PUBLICA MUNICIPAL DE AGUA POTABLE Y SANEAMIENTO DE PORTOVIEJO EP
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 60 million (EUR 55 million)
    USD 127 million (EUR 116 million)
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project concerns the development of drinking water and sanitation networks in rural areas located in the Portoviejo area (Ecuador).

    The aim is to improve the efficiency and quality of water and wastewater services in the province of Manabí (Republic of Ecuador).

    Environmental aspects
    Procurement

    The proposed investments will focus on increasing the capacity of systems and expanding water and wastewater services and coverage with direct positive impact to people's livelihoods and the environment.

    The EIB will require the project's promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Other links

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - PORTOVIEJO WATER AND SANITATION
    Publication Date
    9 Apr 2020
    Document language
    Main Topic
    Lending
    Document Number
    126549850
    Document Focus
    Environmental Information
    Project Number
    20180262
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - PORTOVIEJO WATER AND SANITATION - Estudio de Impacto Ambiental
    Publication Date
    3 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    124613729
    Document Focus
    Environmental Information
    Project Number
    20180262
    Sector(s)
    Countries
    Publicly available
    Download now

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    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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