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        CAMWATER

        Signature(s)

        Amount
        € 40,000,000
        Countries
        Sector(s)
        Cameroon : € 40,000,000
        Water, sewerage : € 40,000,000
        Signature date(s)
        30/12/2009 : € 40,000,000

        Summary sheet

        Release date
        20 April 2009
        Status
        Reference
        Signed | 30/12/2009
        20060525
        Project name
        Promoter - financial intermediary
        CAMWATER

        CAMWATER – Cameroon Water Utilities Corporation.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 40 million.
        EUR 110 million (indicative amount).
        Location
        Sector(s)
        Description
        Objectives

        Rehabilitation and uprating of drinking water production, transmission and distribution capacity and extension of water supply via standpipes in poorly served districts.

        To improve the urban water service in terms of quality and volume following a recent sectoral reform involving privatisation of the entity. The project is expected to help provide consumers with some 250 000 additional individual drinking water connections by 2015.

        Environmental aspects
        Procurement

        The promoter will be required to comply with the terms of EU and Cameroon environmental legislation.

        The EIB will require CAMWATER to comply with EU procurement directives and publish the contracts in the Official Journal of the European Union, if appropriate.

        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).

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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