Release date: 3 November 2014
Promoter – Financial Intermediary
WATER RESOURCES DEVELOPMENT FUNDLocation
Description
Water supply programme for small and medium-sized towns in Ethiopia for the expansion and rehabilitation of water, sanitation and hygiene (WaSH) infrastructures. The funds will be channelled through the Water Resources Development Fund (WRDF), under the Ministry of Water, Irrigation and Energy, and will be managed through a revolving fund mechanism. The investment programme will be complemented by a technical assistance grant.
Objectives
The project will provide more people in small and medium-sized towns in Ethiopia with access to improved water supply and sanitation, the latter to the extent possible under the limited grant resources. It will contribute to the improvement of public health through reduction of the incidence of waterborne diseases, it will increase the consumption of water from improved safe resources and bring about time savings associated with better access to water. The project will also create the foundations for the improvement of the institutional capacity of the WRDF.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 94 million
Environmental aspects
The compliance of the individual schemes with the EIB's environmental and social standards and requirements will be verified during the allocation process with the support of technical assistance.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the EIB's Guide for Procurement.
Status
Signed - 3/12/2015
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).