Release date: 21 September 2012
Promoter – Financial Intermediary
UNITED WATER SUPPLY COMPANY OF GEORGIALocation
Description
Investments to build, rehabilitate and modernise municipal water sector infrastructure.
Objectives
The project aims to improve the continuity of water supply, reduce water leakages in the water supply system and improve water quality accross 49 cities in Georgia served by the promoter. In addition to these investments in the water supply system, some most urgent investments in waste water disposal systems might also be undertaken, as necessary.
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 80 million
Environmental aspects
Most of the proposed measures under the project are limited to rehabilitation of the existing water and waste water infrastructure and will not require full EIAs in accordance with EU directives or national environmental legislation. The investments in sanitation will most likely only constitute a first phase in achieving full compliance with national discharge limits and EU standards.
Procurement
Procurement will be in line with EIB procurement guidelines, requiring international publication in the OJEU for large contracts.
Status
Signed - 20/08/2013