Release date: 24 January 2019
Promoter – Financial Intermediary
EMPRESA PUBLICA MUNICIPAL DE AGUA POTABLE Y SANEAMIENTO DE PORTOVIEJO EP
The project concerns the development of drinking water and sanitation networks in rural areas located in the Portoviejo area (Ecuador).
The aim is to improve the efficiency and quality of water and wastewater services in the province of Manabí (Republic of Ecuador).
- 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)
USD 60 million (EUR 55 million)
Total cost (Approximate amount)
USD 127 million (EUR 116 million)
The proposed investments will focus on increasing the capacity of systems and expanding water and wastewater services and coverage with direct positive impact to people's livelihoods and the environment.
The EIB will require the project's promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Signed - 30/11/2020
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).