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

    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    South Africa : € 30,000,000
    Composite infrastructure : € 30,000,000
    Signature date(s)
    21/06/2005 : € 30,000,000
    Link to source

    Summary sheet

    Release date
    24 November 2004
    Status
    Reference
    Signed | 21/06/2005
    20030273
    Project name
    Promoter - financial intermediary
    Metro Municipality Project I - Tshwane
    City of Tshwane Metropilitan Municipality (CTMM)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 500 million
    Description
    Objectives

    The project involves the co-financing of the 2004-2007 investment programme of the Tshwane Municipality, which includes capital expenditure for infrastructure (water, electricity and roads).

    Increase the quality of life in the city, particularly in those areas, mostly in the North, where 40% of the population is located, which is suffering from poor access to piped water, sanitation and electricity.

    Environmental aspects
    Procurement

    Urban infrastructure and services are usually relatively innocuous for the environment and some of the investments foreseen (green areas, urban renewal) will in fact have very positive results for the local environment and the quality of life of CTMM inhabitants.

    CTMM will abide by the principles of proper accounting and proper bidding procedures for municipal construction and operation contracts.

    Comments

    Multisector, including urban infrastructure and utilities

    Link to source

    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