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    Signature(s)

    Amount
    € 43,044,077.13
    Countries
    Sector(s)
    Panama : € 43,044,077.13
    Water, sewerage : € 43,044,077.13
    Signature date(s)
    27/06/2018 : € 43,044,077.13

    Summary sheet

    Release date
    6 June 2017
    Status
    Reference
    Signed | 27/06/2018
    20150865
    Project name
    Promoter - financial intermediary
    WEST PANAMA CITY SANITATION PROGRAMME - CHORRERA
    MINISTERIO DE SALUD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 50 million (EUR 43 million)
    USD 584 million (EUR 497 million)
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The overall objective of this operation is to support the Panama Sanitation project in the Panama Oeste Province, located west of Panama City and Canal. The project will consist of the construction of a wastewater collection system - sewerage networks, pumping stations and household connections - the construction of a conveyance system and a wastewater treatment plant to provide full sanitation services to the sector of La Chorrera and other surrounding areas. The project is a successor operation to the West Panama City Sanitation Programme - Burunga. The rest of the project will be financed by the Inter-American Development Bank (IADB), the Latin American Development Bank (CAF), the Spanish Cooperation Agency (AECID), the Central American Bank for Economic Integration (CABEI) and the government of Panama.

    The programme contributes to the government's efforts to reduce pollution and improve environmental sustainability. It will benefit an estimated population of about 225,000 at completion. The treatment facility will be designed to avoid the discharge of over 115,000 cubic meters per day of untreated wastewater into the environment. It will also indirectly have a positive economic impact due to its proximity to the metropolitan area of Panama. The project is in line with the EIB Water Sector Lending Policy and is eligible for financing under the EIB Climate Action and Environment Facility (CAEF) as it contributes to environmental sustainability through pollution abatement, to underpin sustainable growth in the region.

    Environmental aspects
    Procurement

    The project will have a very high positive environmental and social impact for the population of Panama. It will significantly reduce direct wastewater discharges into water bodies, thus contributing to improving public health and environmental conditions in the beneficiary area. The project's compliance with environmental and social principles of the EU, the EIB and the other IFIs, together with the applicable national environmental legislation and issues related to adaptation to climate change, will be verified during the appraisal.

    The Bank will require the promoter to ensure that the procurement of the project is carried out in line with the EIB Guide to Procurement.

    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 Impact Assessment (ESIA) - WEST PANAMA CITY SANITATION PROGRAMME - CHORRERA - Estudio de Impacto Ambiental - Redes y Colectoras
    Publication Date
    26 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    79484053
    Document Focus
    Environmental Information
    Project Number
    20150865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - WEST PANAMA CITY SANITATION PROGRAMME - CHORRERA - Perfil de Proyecto Pais Saneamiento de los Distritos de Arraijan y la Chorrera
    Publication Date
    26 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    79487845
    Document Focus
    Environmental Information
    Project Number
    20150865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - WEST PANAMA CITY SANITATION PROGRAMME - CHORRERA - Estudio de Impacto Ambiental - Rio Caimito
    Publication Date
    26 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    79483468
    Document Focus
    Environmental Information
    Project Number
    20150865
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - WEST PANAMA CITY SANITATION PROGRAMME - CHORRERA
    Publication Date
    5 Dec 2017
    Document language
    Main Topic
    Lending
    Document Number
    78067741
    Document Focus
    Environmental Information
    Project Number
    20150865
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

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    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.
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