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Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
Malta : € 40,000,000
Water, sewerage : € 40,000,000
Signature date(s)
30/11/2007 : € 40,000,000
Link to source
Data sheet

Summary sheet

Release date
28 March 2007
Status
Reference
Signed | 30/11/2007
20060588
Project name
Promoter - financial intermediary
WSC Water Sector
Water Services Corp
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million.
EUR 100 million.
Location
Sector(s)
Description
Objectives

Water supply and wastewater collection&treatment investments

The purpose of the project is compliance with the environmental water and wastewater quality and service standards set by the EU directives.

Environmental aspects
Procurement

The project aims to improve the reliability and quality of water supply, sewage collection and treatment services, in line with the standards mandated by EU Directives and national legislation.. The respect of the EIA Directives (85/337 and 97/11) by the Promoter will be reviewed during appraisal.

The Bank will require the Promoter to ensure that contracts for the implementation of the project are tendered in line with the relevant applicable EU procurement legislation.

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).

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.

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