Release date: 10 June 2008
Promoter – Financial Intermediary
Bursa Su ve Kanalizasyon Isletmesi BUSKI
Location
Description
The project is the second operation with the promoter and consists of the current investment programme of BUSKI for the expansion of the water and wastewater infrastructure. The project will serve the Greater Municipality of Bursa which covers the area within a 30 km radius from the city centre.
Objectives
Expansion of the water and wastewater infrastructure of the city of Bursa to serve the entire Metropolitan area.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 80 million, to be appraised
Total cost (Approximate amount)
Approximately EUR 200 million, to be appraised
Environmental aspects
The envisaged project will have a positive environmental impact. The improvement of Bursa’s water collection and treatment facilities will significantly increase the local standard of living. The pollution load of the water discharged will be contained at a time of rapid population growth and economic expansion.
Procurement
The procurement under the project will follow EIB’s usual procedures in compliance with EIB Guidelines which reflect the principles of EU public procurement directives.
Status
Signed - 25/11/2010
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).