Release date: 14 June 2021
Promoter – Financial Intermediary
GEORGIAN AMELIORATION LTD
Modernisation of the Zemo Samgori irrigation scheme in Georgia (East of Tbilisi) to restore irrigation services and provide the basis for agricultural development in the region.
The project aims to modernise infrastructure on up to 25,800 hectares of irrigated land, including investments in the entire water distribution network and facilitating investments in on-farm irrigation equipment. The investment will enable farmers to increase and diversify their agricultural production.
- Water, sewerage - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
EUR 45 million
Total cost (Approximate amount)
EUR 50 million
A comprehensive Environmental and Social Impact Assessment (ESIA), and Environmental and Social Management Plan (ESMP), including a Resettlement Action Plan (RAP) will be prepared in alignment with the EIB's Environmental and Social Standards.
The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Under appraisal - 3/08/2020
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).