Release date: 21 September 2007
Promoter – Financial Intermediary
Ministry of Health (MINSA)Location
Description
The project addresses the improvement of sanitary and environmental conditions in Panama City through the construction of wastewater collectors, a wastewater interceptor and a Wastewater Treatment Plant (WWTP). The Bank will finance part of the interceptor and two wastewater collectors.
Objectives
Improvement of health and environment through wastewater treatment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 35 million.
Total cost (Approximate amount)
EUR 210 million.
Environmental aspects
If located in the EU a full EIA according to Annex I of EIA directive 97/11/EC would be required for the WWTP. The collectors and the interceptor would fall under Annex II. The promoter has confirmed that an Environmental Impact Assessment has been carried out. The project is expected to have positive environmental and social impact through improved wastewater treatment services and living conditions.
Procurement
The size of the project will require international competitive bidding according to EIB procurement guidelines, or according to acceptable guidelines of other IFIs. The number of contracts involved in the project, the estimated amounts and the requirements in terms of thresholds for international tendering are to be defined.
Status
Signed - 21/12/2007
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).