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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Cyprus : € 40,000,000
    Water, sewerage : € 40,000,000
    Signature date(s)
    18/10/2016 : € 40,000,000

    Summary sheet

    Release date
    14 September 2016
    Status
    Reference
    Signed | 28/10/2016
    20150216
    Project name
    Promoter - financial intermediary
    VASILIKOS-WESTERN NICOSIA CONVEYOR WATER SUPPLY
    Republic of Cyprus
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 56 million
    Location
    Sector(s)
    Description
    Objectives

    Improving the security of water supply for the domestic needs of Western Nicosia communities

    The project aims to improve the security of water supply of the city of Nicosia and communities in the western province of Nicosia. Currently, the water supply relies on boreholes and, due to frequent droughts, the availability of water has reduced in recent years. The project scope consists of a pipeline, several pumping stations, water storage facilities and other necessary supporting infrastructure for the conveyance of 60,000 m3 per day of desalinated water from the Vasilikos desalination plant near Limassol to the Nicosia service area.

    Environmental aspects
    Procurement

    The investment programme is geared toward securing a sustainable management of water supply and distribution, bringing about a positive social and environmental impact. Compliance with EU and national environmental legislation will be verified during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    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) - VASILIKOS-WESTERN NICOSIA CONVEYOR WATER SUPPLY
    Publication Date
    21 Nov 2016
    Document language
    Main Topic
    Lending
    Document Number
    67149625
    Document Focus
    Environmental Information
    Project Number
    20150216
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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