Release date: 20 June 2003
Promoter – Financial Intermediary
City of MunichLocation
Description
The project consists in the refurbishment, reconstruction and extension of the sewage infrastructure in Munich between 2002 and 2005.
Objectives
The project will contribute substantially to modernise, develop and reinforce the environmental infrastructure of the City of Munich. The City of Munich is engaged to achieve sustainability in the Isar water floods area through best practice policies and infrastructure in waste-water management. The investments aim to realize this goal.
Comments
Construction.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 90 million.
Total cost (Approximate amount)
Estimated at about EUR 260 million.
Environmental aspects
It is not expected that the project will have any impact on Nature Conservation and Habitat areas. Environmental Impact Assessments (EIA) have been engaged by the promoter as requested by the national environmental legislation.
Procurement
The promoter follows the German procurement guidelines, which are in line with EU procurement directives.
Status
Signed - 1/07/2004
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).