RIO SALADO FLOOD PROTECTION PROGRAMME

Promoteur – Intermédiaire Financier

Ministry of Infrastructure, Province of Buenos Aires

Lieu

• Argentine

Description

The project aims to enhance flood protection and strengthen the capacity of the institutions responsible for integrated monitoring and management of water resources in the Salado River Basin.

Objectifs

The project will help the Province of Buenos Aires to take adequate and coordinated measures to manage and reduce flood risks. The investments are expected to alleviate direct risk to population or critical assets. They will also contribute to climate action adaptation, by increasing the resilience against the effects of more extreme weather patterns. The project will benefit the residents of the municipalities along the Salado River Basin (Section IV), totalling 240,000 people.

Secteur(s)

• Eau, assainissement - Production et distribution d'eau; assainissement, gestion des déchets et dépollution

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

USD 110 million (EUR 99 million)

Coût total (montant approximatif)

USD 222 million (EUR 199 million)

Aspects environnementaux

The environmental impact will be predominantly positive. The components are likely to require a comprehensive environmental impact assessment according to local and national legislation.

Passation des marchés

The Bank will require the promoter to ensure that the procurement of the project is carried out in line with EIB procurement guidelines.

Statut

Signé - 30/06/2021