Release date: 10 February 2005
Promoter – Financial Intermediary
Stadtentwässerung Dresden GmbHLocation
Description
The project concerns the 2004-2008 investment program for the rehabilitation and extension of the water sewerage system in the city of Dresden, Germany.
Objectives
The aim of the project is to ensure compliance by the promoter with tighter environmental and customer service standards set by EU and national legislation. The investments included primarily intend to ensure compliance with the EU Urban Waste Water Treatment (UWWT) Directive (91/271/EEC), the aim of which is to upgrade the quality of water discharged into recipient rivers and the sea. The project will therefore contribute to improving the quality of life of some 750,000 residents in the City of Dresden and its surroundings, in its full extend in an Objective 1 area. As such, the project is eligible for EIB finance under Article 267 point (c) - environment – and point (a) - regional development - of the EC Treaty.
Comments
Electricity, Gas and Water supply.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 127 EUR million
Total cost (Approximate amount)
At least 254.66 EUR million
Environmental aspects
Compliance with EU/national environment law will be assessed during appraisal. The project is consistent with EU environmental policy. It is likely that an EIA is required for the rehabilitation and the extension of the major Wastewater Treatment Plant in Dresden/Kaditz. Details will be assessed during appraisal.
Procurement
The program falls under the Procurement Directives 92/50/EEC, 93/36/EC and 93/37/EC. Further details will be assessed during appraisal.
Status
Signed - 27/06/2005
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).