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Signature(s)

Amount
€ 5,144,410.96
Countries
Sector(s)
Armenia : € 5,144,410.96
Water, sewerage : € 5,144,410.96
Signature date(s)
27/06/2014 : € 5,144,410.96
Link to source

Summary sheet

Release date
4 April 2013
Status
Reference
Signed | 27/06/2014
20120316
Project name
Promoter - financial intermediary
YEREVAN WATER SUPPLY IMPROVEMENT
YEREVAN MUNICIPALITY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 5 million
EUR 18 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

An investment programme to improve the water supply and wastewater services provided by Yerevan Djur CJSC in Yerevan and several surrounding villages.

The objectives of this project are the rehabilitation and zoning of the water supply network in Yerevan, the replacement of household connections, and the expansion of the sewerage network coverage.

Environmental aspects
Procurement

The project will have a positive social impact by improving the quality of the water and wastewater services provided by Yerevan Djur CJSC. The project’s compliance with all applicable national environmental legislation as well as the EU environmental and social principles, standards and practices will be verified during appraisal.

The contracts will likely be procured by Yerevan Djur CJSC in accordance with the procurement policies and rules of the EBRD as the lead financier and in compliance with best international practice. Where applicable, the calls for tenders and the award notices will be published in the EU Official Journal.

Comments

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

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - YEREVAN WATER SUPPLY IMPROVEMENT
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
48921719
Document Focus
Environmental Information
Project Number
20120316
Sector(s)
Countries
Publicly available
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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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