Release date: 5 October 2004
Promoter – Financial Intermediary
Régie autonome de distribution d’eau et d’électricité de SAFI (RADEES) and Régie autonome intercommunale de distribution d’eau et d’électricité du TADLA (RADEET).Location
Description
The project primarily concerns the construction of sanitation infrastructure in the cities of Safi and Beni Mellal. RADEES, which is responsible for electricity and water supply in the municipality of Safi, wishes to continue its sanitation infrastructure investment programme by constructing a wastewater treatment plant and a sea outfall. RADEET, which is in charge of sanitation in the city of Beni Mellal, plans to extend the city's sewerage network and optimise operation of the existing wastewater treatment plant.
Objectives
The project is designed to improve and optimise wastewater collection and treatment in the municipalities of Safi and Beni Mellal. The environmental impact of the project will be highly positive. This would be the sixth venture financed by the EIB in the sanitation sector in Morocco.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million loan from EIB own resources under the FEMIP-EUROMED II Mandate, with interest subsidy from the MEDA II budget.
Total cost (Approximate amount)
Around EUR 40 million.
Environmental aspects
Environmental impact assessments will be required for both projects. These will be launched during the project preparation phase. The procedures applied by the promoters will be analysed in the course of the project appraisal to ensure that they are compatible with the Bank's criteria.
Procurement
Contracts for works, supplies and services will be subject to national and international tendering procedures according to the sums involved and their technical complexity. The tendering procedures applied by the promoters will be analysed in the course of the project appraisal to ensure that they are compatible with the Bank's criteria.
Status
Signed - 15/12/2004
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).