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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Cyprus : € 100,000,000
    Water, sewerage : € 100,000,000
    Signature date(s)
    2/06/2010 : € 30,000,000
    20/10/2006 : € 70,000,000
    Link to source

    Summary sheet

    Release date
    9 May 2006
    Status
    Reference
    Signed | 20/10/2006
    20040091
    Project name
    Promoter - financial intermediary
    Limassol Sewerage II

    Sewerage Board Limassol-Amathus

    Mr. Iakovos Papaiakovou, FCCA
    General Manager

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 212 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of Phase II (2006-2012) of Greater Limassol’s sewerage and drainage systems’ expansion.

    The project will contribute to the compliance of the Sewerage Board of Limassol-Amathus with the requirements of EC Directive 91/271 on Urban Wastewater Treatment (as amended by Directive 98/15/EC) by 2012.

    Environmental aspects
    Procurement

    An EIA, in form and substance fully compliant with national Law, of project components has been undertaken. The EIA Study also covered eventual requirements under other Environmental Directives, in particular for Habitat and Wild Birds (Natura 2000).

    The Promoter meets obligations regarding public notice and EU Journal publication of tenders notices, whenever applicable.

    Comments

    Other Community, Social and Personal Service Activities.

    Link to source
    Summary sheet

    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

    Other links

    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.

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    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.

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