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    Reference: 20200371
    Release date: 14 June 2021

    Promoter – Financial Intermediary

    GEORGIAN AMELIORATION LTD

    Location

    Description

    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.

    Objectives

    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.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 50 million

    Environmental aspects

    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.

    Procurement

    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.

    Status

    Under appraisal - 3/08/2020

    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

    Georgia Water, sewerage