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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    South Africa : € 80,000,000
    Water, sewerage : € 80,000,000
    Signature date(s)
    16/05/2011 : € 80,000,000

    Summary sheet

    Release date
    6 January 2010
    Status
    Reference
    Signed | 16/05/2011
    20080666
    Project name
    Promoter - financial intermediary
    Mooi-Mgeni Transfer Scheme Phase 2
    Trans-Caledon Tunnel Authority (TCTA)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 200 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a dam in the Mooi River and a conveyance system to the Mgeni water supply system in KwaZulu Natal province in South Africa.

    The project will provide an additional 60 M m3 per year to cover the water needs of 5.5 million people by 2025.

    Environmental aspects
    Procurement

    All the components included in the project were submitted to an EIA approved by the national environmental authority in June 2009. According to the approval, the impact could be properly mitigated with minor residual and permanent negative effects. The national regulations and promoter's practice on EIA apply international best practice. A full-scale public consultation was part of the assessment and the documents provided by the promoter on this matter did not reveal any relevant opposition to the project.

    The promoter will follow procedures based on international competition and taking into account the national legislation. The pre-qualification for the tendering of the major component, the Spring Grove dam was published in the EUOJ of 12 August 2009.

    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).

    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.

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    Complaints mechanism

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    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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