SAIDABAD RAW WATER CONVEYOR

Promoter – Financial Intermediary

DHAKA WATER SUPPLY AND SEWERAGE AUTHORITY

Location

• Bangladesh

Description

The project will develop a new sustainable surface water resource that will contribute to meeting increasing water demand in Dhaka and enable a reduction in extraction from over-exploited groundwater resources. The project will increase the security of water supply and improve the resilience to adverse impacts from climate change.

Objectives

By developing a new surface water supply scheme and by extending the distribution networks, the project will provide a long-term more reliable and sustainable water supply facing the growth of the population and also benefitting low-income communities. It will help to improve the living conditions of about 2 500 000 people in terms of health, commercial activities, etc.

Comments

The proposed operation will contribute to economic and environmental sustainability in Bangladesh in general, and, in particular, will help the country to achieve its Sustainable Development Goal Nº 6 on Clean Water & Sanitation (Ensure access to water and sanitation for all).

Sector(s)

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

Under ELM Guarantee

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

Proposed EIB finance (Approximate amount)

EUR 40 million

Total cost (Approximate amount)

EUR 119 million

Environmental aspects

The project will have a positive impact through the provision of a more reliable and sustainable water supply in Dhaka to face population growth and to reduce poverty through the delivery of a better water supply service. It will be beneficial to public health and to the productivity of the population. It will also help to reduce the use of groundwater resources and thus contribute to climate change adaptation. The project's compliance with the applicable national environmental legislation and the environmental and social principles of the EU will be analysed.

Procurement

The promoter will be required to implement the project in accordance with AFD procurement rules and procedures, and in compliance with the requirements and standards agreed between EIB, AFD and KfW for projects under the Mutual Reliance Initiative for operations outside the EU, as foreseen in the Bank's Guide to Procurement. In particular, calls for international tenders will be published in the Official Journal of the EU in accordance with the Bank's Guide to Procurement.

Status

Signed - 4/06/2018