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Summary sheet

Release date
28 November 2012
Status
Reference
Approved | 28/02/2014
20120262
Project name
Promoter - financial intermediary
ASENOVGRAD WATER
The promoter is the Republic of Bulgaria and the beneficiary is the municipality of Asenovgrad.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 18 million
EUR 56 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

Construction and rehabilitation of waste water treatment facilities and related network infrastructure in the agglomeration of Asenovgrad, located in the southern part of Bulgaria. The project has been prepared by JASPERS and an application for co-financing from EU grants under the OP Environment has been submitted to the EU Commission.

The project aims at protection of public health and the environment from water pollution, while maintaining a balanced development of water supply and sanitation with focus on wastewater collection and treatment, as well as safeguarding the financial and operational viability of the water company.

Environmental aspects
Procurement

The project is strongly environmentally driven, although its public health impact is considered to be its primary merit. The schemes will contribute to meeting Bulgaria´s needs in relation to compliance with the EU Urban Wastewater Treatment Directive.

Procurement procedures will be consistent with the Bulgarian public procurement law that is transposing the relevant EU public procurement directives.

Related projects
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).

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