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    Reference: 19990401
    Release date: 24 October 2003

    Promoter – Financial Intermediary

    TCTA - Trans-Caledon Tunnel Authority
    Tuinhof Building
    265 West Street
    PO Box 10335
    Centurion 0046
    South Africa

    Location

    Description

    Construction of a 126 million m3 storage dam (plus related infrastructure on the Berg River (North East of Cape Town)

    Objectives

    The planned dam and infrastructure should help to meet the growing demand for water of the Greater Cape Metropolitan Area.

    Comments

    Water.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 100 million

    Total cost (Approximate amount)

    Not available

    Environmental aspects

    The project complies with the Bank’s environmental principle of minimisation of negative environmental impacts, and is deemed environmentally acceptable.

    Procurement

    The procurement procedures applied are in the best interest of the project and will be with regard to the contracts financed by the Bank in accordance with EIB’s rules.

    Status

    Signed - 23/09/2004

    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).

    Related tags

    South Africa Water, sewerage