Release date: 22 January 2010
Promoter – Financial Intermediary
Regional Water Supply Company for West and East Georgia and/or the Municipal Development Fund
Location
Description
Mainly small scale investment schemes for leakage detection, metering, rehabilitation of the water distribution network, energy efficiency and sewerage system rehabilitation.
Objectives
The investments will contribute to consolidating and improving water supply and wastewater collection and treatment services, reducing public health risks and improving the quality of the environment.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 80 million
Environmental aspects
Most of the proposed measures under the project are limited to rehabilitation of the existing water and waste water infrastructure and will not require full EIAs in accordance with EU directives or national environmental legislation. They will mostly only constitute a first phase in achieving full compliance with national discharge limits and EU standards.
Procurement
Procurement will be in line with EIB procurement guidelines, requiring international publication in the OJEU for large contracts. Use of technical assistance will secure that the promoter is able to follow such guidelines.
Status
Signed - 15/09/2010
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).