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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Bangladesh : € 40,000,000
    Water, sewerage : € 40,000,000
    Signature date(s)
    4/06/2018 : € 40,000,000

    Summary sheet

    Release date
    8 September 2016
    Status
    Reference
    Signed | 04/06/2018
    20160156
    Project name
    Promoter - financial intermediary
    SAIDABAD RAW WATER CONVEYOR
    DHAKA WATER SUPPLY AND SEWERAGE AUTHORITY
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 119 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project will develop a new sustainable surface water resource that will contribute to meeting increasing water demand in Dhaka and enable a reduction in extraction from over-exploited groundwater resources. The project will increase the security of water supply and improve the resilience to adverse impacts from climate change.

    By developing a new surface water supply scheme and by extending the distribution networks, the project will provide a long-term more reliable and sustainable water supply facing the growth of the population and also benefitting low-income communities. It will help to improve the living conditions of about 2 500 000 people in terms of health, commercial activities, etc.

    Environmental aspects
    Procurement

    The project will have a positive impact through the provision of a more reliable and sustainable water supply in Dhaka to face population growth and to reduce poverty through the delivery of a better water supply service. It will be beneficial to public health and to the productivity of the population. It will also help to reduce the use of groundwater resources and thus contribute to climate change adaptation. The project's compliance with the applicable national environmental legislation and the environmental and social principles of the EU will be analysed.

    The promoter will be required to implement the project in accordance with AFD procurement rules and procedures, and in compliance with the requirements and standards agreed between EIB, AFD and KfW for projects under the Mutual Reliance Initiative for operations outside the EU, as foreseen in the Bank's Guide to Procurement. In particular, calls for international tenders will be published in the Official Journal of the EU in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee
    Comments

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

    The proposed operation will contribute to economic and environmental sustainability in Bangladesh in general, and, in particular, will help the country to achieve its Sustainable Development Goal Nº 6 on Clean Water & Sanitation (Ensure access to water and sanitation for all).

    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) - SAIDABAD RAW WATER CONVEYOR - Phase III, Dhaka (This ESIA is being updated)
    Publication Date
    13 Jan 2017
    Document language
    Main Topic
    Lending
    Document Number
    73128677
    Document Focus
    Environmental Information
    Project Number
    20160156
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SAIDABAD RAW WATER CONVEYOR
    Publication Date
    22 Feb 2017
    Document language
    Main Topic
    Lending
    Document Number
    70469729
    Document Focus
    Environmental Information
    Project Number
    20160156
    Sector(s)
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    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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