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    Reference: 20180507
    Release date: 24 January 2019

    Promoter – Financial Intermediary

    EMPRESA PUBLICA MUNICIPAL DE TELECOMUNICACIONES AGUA POTABLE ALCANTARILLADO Y SANEAMIENTO DE CUENCA

    Location

    Description

    The project concerns the construction of a wastewater treatment plant in Guangarcucho, city of Cuenca, Azuay province (Republic of Ecuador).

    Objectives

    The operation will support sustainable growth, improve the wellbeing and health of the local population, and bring environmental benefits.

    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)

    USD 34 million (EUR 30 million)

    Total cost (Approximate amount)

    USD 71 million (EUR 63 million)

    Environmental aspects

    The project will have a very high positive environmental impact through the significant reduction of wastewater discharges into the rivers of the area. In addition, it is expected that the project will have a significant contribution to climate change mitigation, through the reduction of greenhouse gases emissions from waste water and sludge treatment.

    Procurement

    The promoter of the project will be required that procurement of goods, works and services is carried out in accordance to EIB's Guide to Procurement.

    Status

    Signed - 24/01/2020

    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

    Ecuador Water, sewerage