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    Reference: 20140323
    Release date: 6 February 2015

    Promoter – Financial Intermediary

    UNITED WATER SUPPLY COMPANY OF GEORGIA

    Location

    Description

    Investments to build, rehabilitate and modernise municipal water-sector infrastructure.

    Objectives

    Improving water supply in Kutaisi, Ureki and Zugdidi as well as wastewater collection and treatment in Kutaisi, Poti and Ureki.

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Sector(s)

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

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 105 million

    Total cost (Approximate amount)

    EUR 280 million

    Environmental aspects

    The project financed by the EIB loan concerns wastewater collection and treatment in Kutaisi. The project will provide significant environmental, health and social benefits by securing permanent access to safe water and sanitation services to a large number of people. The project will be subject to environmental impact assessment (EIA). Compliance with all applicable national environmental legislation as well as EU environmental and social principles, standards and practices will be verified during appraisal.

    Procurement

    Procurement will be in line with the EIB procurement guidelines, requiring international publication in the Official Journal of the EU for large contracts.

    Status

    Signed - 15/10/2015

    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

    Georgia Water, sewerage