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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Georgia : € 40,000,000
    Water, sewerage : € 40,000,000
    Signature date(s)
    15/09/2010 : € 40,000,000
    Link to source

    Summary sheet

    Release date
    22 January 2010
    Status
    Reference
    Signed | 15/09/2010
    20090718
    Project name
    Promoter - financial intermediary
    Water Infrastructure Modernisation Project

    Regional Water Supply Company for West and East Georgia and/or the Municipal Development Fund

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 80 million
    Location
    Sector(s)
    Description
    Objectives

    Mainly small scale investment schemes for leakage detection, metering, rehabilitation of the water distribution network, energy efficiency and sewerage system rehabilitation.

    The investments will contribute to consolidating and improving water supply and wastewater collection and treatment services, reducing public health risks and improving the quality of the environment.

    Environmental aspects
    Procurement

    Most of the proposed measures under the project are limited to rehabilitation of the existing water and waste water infrastructure and will not require full EIAs in accordance with EU directives or national environmental legislation. They will mostly only constitute a first phase in achieving full compliance with national discharge limits and EU standards.

    Procurement will be in line with EIB procurement guidelines, requiring international publication in the OJEU for large contracts. Use of technical assistance will secure that the promoter is able to follow such guidelines.

    Link to source
    Other links

    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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    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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