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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Jordan : € 30,000,000
    Acqua, reti fognarie : € 30,000,000
    Signature date(s)
    3/10/2018 : € 30,000,000

    Summary sheet

    Release date
    23 February 2018
    Status
    Reference
    Signed | 03/10/2018
    20150559
    Project name
    Promoter - financial intermediary
    RED SEA DEAD SEA WATER PPP PHASE 1
    ACCEPTABLE CORPORATE(S),HASHEMITE KINGDOM OF JORDAN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 1026 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction and operation of: (i) a desalination plant in the Gulf of Aqaba producing 65 million cubic meters (MCM)/year of desalinated water for Aqaba, Jordan and Eilat, Israel; (ii) a brine and seawater pipeline linking the Red Sea with the Dead Sea discharging 235 MCM/year of brine and seawater to the Dead Sea; and (iii) hydropower plants on the brine and seawater pipeline.

    The objective of the project is to have an improved water supply in the Aqaba (Jordan) and Eilat (Israel) regions by 2021 and at the same time to slow down the decline of the Dead Sea.

    Environmental aspects
    Procurement

    An environmental and social impact assessment has already been carried out under the World Bank's supervision. The EIB is carrying out a full update of this Environmental and Social Impact Assessment through Technical Assistance (TA) to identify remaining gaps and ensure the ESIA and Environmental and Social Management Plans comply with EIB standards and safeguards.

    The Bank will require the 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.

    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 Impact Assessment (ESIA) - RED SEA DEAD SEA WATER PPP PHASE 1 - DRAFT ESIA - to be replaced by final version when available
    Publication Date
    21 Feb 2018
    Document language
    Main Topic
    Lending
    Document Number
    82425040
    Document Focus
    Environmental Information
    Project Number
    20150559
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - RED SEA DEAD SEA WATER PPP PHASE 1
    Publication Date
    23 Apr 2018
    Document language
    Main Topic
    Lending
    Document Number
    79376632
    Document Focus
    Environmental Information
    Project Number
    20150559
    Countries
    Publicly available
    Download now

    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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