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    Signature(s)

    Amount (.*)
    € 104,249,000
    Countries
    Sector(s)
    Egypt : € 104,249,000
    Water, sewerage : € 104,249,000
    Signature date(s)
    2/10/2018 : € 10,373,000
    2/10/2018 : € 16,876,000
    5/06/2014 : € 77,000,000
    (*) Including a € 16,876,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM ,a € 10,373,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM

    Summary sheet

    Release date
    1 October 2013
    Status
    Reference
    Signed | 05/06/2014
    20110416
    Project name
    Promoter - financial intermediary
    KAFR EL SHEIKH WASTE WATER TREATMENT (EGYPT)
    HOLDING COMPANY FOR WATER AND WASTEWATER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 104 million
    EUR 164 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project involves the construction of two new Waste Water Treatment Plants (WWTPs), the expansion of three existing WWTPs and the laying of 694 km of sewers with the installation of 52 pump stations in the the Kafr El Sheikh Governorate.

    The project will improve health standards for residents, the quality of irrigation water, as well as the environmental quality of the Nile, Lake Burullus, and the Mediterranean Sea. Indirect benefits include an expected increase in the volume and quality of fish in Lake Burullus (70% of the country's fishing industry), safer agriculture production, improved conditions for tourism on the Mediterranean coast, and job creation.

    Environmental aspects
    Procurement

    The objective of the project is to provide first time sanitation to residents in three rural districts (Motobas, Desoq, Burullus) of the Kafr El-Sheikh Governorate that have yet not been provided with such services, thus improving health standards for its residents, the quality of irrigation water, the environmental quality of River Nile, Lake Burullus and, ultimately the Mediterranean Sea, as well as further sustaining fish farming in Lake Burullus. These positive impacts will also support employment creation, both directly during construction and operation of the project, as well as indirectly, notably in fish farming and agriculture, as well as tourism on the Mediterranean coast.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - KAFR EL SHEIKH WASTE WATER TREATMENT (EGYPT)
    Publication Date
    2 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    49959656
    Document Focus
    Environmental Information
    Project Number
    20110416
    Sector(s)
    Countries
    Publicly available
    Download now

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