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    Signature(s)

    Amount
    € 31,000,000
    Countries
    Sector(s)
    Mozambique : € 31,000,000
    Water, sewerage : € 31,000,000
    Signature date(s)
    20/07/2006 : € 31,000,000
    Link to source

    Summary sheet

    Release date
    27 February 2006
    Status
    Reference
    Signed | 21/07/2006
    20040265
    Project name
    Promoter - financial intermediary
    Maputo Water Supply Project
    FIPAG - Fundo do Investimento e Património do Abastecimento de Água (Fund for the Investment and Assets of Water Supply Systems)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 31 million
    EUR 95 million with a first stage of EUR 76 million
    Location
    Sector(s)
    Description
    Objectives

    The project will improve and expand the water supply services for the Greater Maputo area, with a population of 1.7 million inhabitants of which 48% live in absolute poverty. The water supply system is operated on the basis of a Lease Contract, by a private company with European and local ownership.

    The project has three main objectives: (i) increase the water production by about 2/3 of the current installed capacity; (ii) improve the system’s performance by reducing unaccounted for water; (iii) expand water supply in the poor peri-urban areas with the support of small local private operators.

    Environmental aspects
    Procurement

    In Mozambique, the 1997 Law on Environment provides the legal framework for all environmental protection activities, including those affecting water resources. The project’s impacts are largely expected to be positive and mitigating measures will be part of an Environmental Management Plan.

    The procurement procedures followed by the promoter are common international practice, are suitable for the project and will comply with EIB guidelines.

    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).

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