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    Reference: 20120262
    Release date: 28 November 2012

    Promoter – Financial Intermediary

    The promoter is the Republic of Bulgaria and the beneficiary is the municipality of Asenovgrad.

    Location

    Description

    Construction and rehabilitation of waste water treatment facilities and related network infrastructure in the agglomeration of Asenovgrad, located in the southern part of Bulgaria. The project has been prepared by JASPERS and an application for co-financing from EU grants under the OP Environment has been submitted to the EU Commission.

    Objectives

    The project aims at protection of public health and the environment from water pollution, while maintaining a balanced development of water supply and sanitation with focus on wastewater collection and treatment, as well as safeguarding the financial and operational viability of the water company.

    Comments

    Sector(s)

    • Water, sewerage - Water supply; sewerage, waste management and remediation activities

    Proposed EIB finance (Approximate amount)

    EUR 18 million

    Total cost (Approximate amount)

    EUR 56 million

    Environmental aspects

    The project is strongly environmentally driven, although its public health impact is considered to be its primary merit. The schemes will contribute to meeting Bulgaria´s needs in relation to compliance with the EU Urban Wastewater Treatment Directive.

    Procurement

    Procurement procedures will be consistent with the Bulgarian public procurement law that is transposing the relevant EU public procurement directives.

    Status

    Approved - 28/02/2014

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Bulgaria Water, sewerage