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        STADTENTWAESSERUNG DRESDEN 2

        Signature(s)

        Amount
        € 74,000,000
        Countries
        Sector(s)
        Germany : € 74,000,000
        Water, sewerage : € 74,000,000
        Signature date(s)
        20/11/2009 : € 74,000,000

        Summary sheet

        Release date
        13 August 2008
        Status
        Reference
        Signed | 20/11/2009
        20080346
        Project name
        Promoter - financial intermediary
        Stadtentwässerung Dresden II
        Stadtentwässerung Dresden GmbH
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 74 million.
        EUR 152 million.
        Location
        Sector(s)
        Description
        Objectives

        The project concerns the 2009 – 2013 investment program for the rehabilitation and extension of the sewerage system in the City of Dresden, Germany.

        The project will result in measurable benefits of the quality of receiving water bodies. The investment program aims to ensure compliance with tighter environmental and customer service standards set by EU and national legislation. The compliance of the programme with EU environmental legislation will be assessed during appraisal.

        Environmental aspects
        Procurement

        The project will result in measurable benefits of the quality of receiving water bodies. The compliance of the programme with EU environmental legislation will be assessed during appraisal.

        The project falls under EU procurement directive 2004/18/EC. Compliance will be assessed during appraisal.

        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.

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        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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