Release date: 7 August 2009
Promoter – Financial Intermediary
Umgeni WaterLocation
Description
The project comprises of a number of investments that focus on increasing treatment, storage and delivery capacity of the bulk water infrastructure so as to assure the security of supply of bulk potable water to Umgeni Water’s customers and also enable them to increase access to previously unserved areas.
Objectives
The project will contribute to addressing some of the substantial backlogs in access to water services in areas of KwaZulu Natal Province and to ensuring a security of supply of bulk water that meets the current and future demand for water services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 35 million.
Total cost (Approximate amount)
EUR 135 million.
Environmental aspects
The relevant investment components of the project will be subject to approval from the Department of Environmental Affairs and Tourism, the national environmental authority.
Procurement
The promoter will follow procurement procedures based on open international competition with publication of larger contracts in the OJEU. Bidders will have to comply with national regulations required under the Preferential Procurement Policy Framework applicable to public procurement.
Status
Signed - 25/11/2011
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).