Signature(s)
Amount
€ 30,000,000
Countries
Sector(s)
South Africa
: € 30,000,000
Composite infrastructure
: € 30,000,000
Signature date(s)
21/07/2005 : € 30,000,000
Link to source
Data sheet
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Summary sheet
Release date
31 March 2005
Status
Reference
Signed | 21/07/2005
20050174
Project name
Promoter - financial intermediary
Metro Municipality Project II - eThekwini
eThekwini Municipality.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million.
EUR 500 million.
Location
Sector(s)
Description
Objectives
The project contemplates the co-financing of the multi-sector investment programme of the city of eThekwini 2005-2008 (former Durban), which includes capital expenditures for infrastructure (water, electricity and roads) and housing.
Improve the safety and the quality of life of citizens, and redress observed social and spatial inequalities.
Environmental aspects
Procurement
The project has no significant environmental impact. Given the likely nature, scale, and location of sub-projects, it is unlikely that an EIA will be required in most cases.
Procurement will be in accordance with the Finance Management Initiative launched by the National Treasury, and consistent with EIB’s usual procurement guidelines.
Link to source
Summary sheet
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Data sheet
News & Stories
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