Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 194,000,000
    Countries
    Sector(s)
    Hungary : € 194,000,000
    Water, sewerage : € 194,000,000
    Signature date(s)
    18/07/2005 : € 94,000,000
    18/07/2005 : € 100,000,000
    Link to source

    Summary sheet

    Release date
    16 September 2004
    Status
    Reference
    Signed | 18/07/2005
    20010343
    Project name
    Promoter - financial intermediary
    Budapest Central Waste Water Treatment Plant Project (the “BCWWTP”)

    Municipality of Budapest
    Office of the Mayor
    Attn. Mr. Attila PÓCS
    Counsellor, Head of Project Implementation Unit
    Városház u. 9 - 11H-1364  Budapest
    POB. 1
    Tel. +361 327 1066

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 147 million.
    Approximately EUR 529 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the design, construction, operation and maintenance of the BCWWTP and ancillary investments. It includes the following main investments:

    • A new main sewer along the Buda side of the Danube River;
    • Upgrading and extension of three main pumping stations within the Budapest Central catchment area (Ferencváros, Kelenföld and Albertfalva pumping stations);
    • River crossings for wastewater mains from the Kelenföld and the Ferencváros pumping stations under the Danube River to the BCWWTP;
    • A waste water treatment plant with a capacity of 350.000 m3/day; and
    • A final sludge treatment and disposal system for the sludge produced at the BCWWTP.

    The project is scheduled to be implemented by the end of 2009.

    The project represents a cost-effective solution to wastewater collection, treatment and sludge disposal in central Budapest to meet EU and Hungarian environmental standards. It is expected that there will be indirect benefits to the city through reduced pollution of the Danube and greater tourism potential of the riverfront.

    Environmental aspects
    Procurement

    The project has been designed in full compliance with national and relevant EU environmental directives. Upon completion and successful start of operation wastewater generated by more than 90% of Budapest population (for the time being some 1.8 million) will be treated biologically.

    Hungarian public procurement act to be applied (EU directives transposed into national law).

    Comments

    Environment sector.

    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).

    News & Stories

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications