Egypt: Sustainable Rural Sanitation Services Program, Phase-2 (AIIB-000052)

Countries
  • Egypt
Where the impacts of the investment may be experienced.
Specific Location
Dakahliya, Sharkiya, Damietta, Menoufya, and Gharbiya
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 1, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Arab Republic of Egypt
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 694.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Aug 8, 2018

Disclosed by Bank Jul 11, 2018


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

The objective of the project is to strength institutions and policies to increase access and improve rural sanitation services in selected governorates in Egypt.

Phase 1 of the Program (SRSSP-1) is already under implementation by the WB. Phase 2, the SRSSP-2, is proposed to be jointly co-cofinanced by the AIIB and the WB, in both cases. The SRSSP-2 comprises a physical infrastructure component, which will provide sanitation services to about 175,000 households in 133 villages of five governorates; namely, Dakahliya, Sharkiya, Damietta, Menoufya, and Gharbiya. The works include:

  1. construction of new or expansion/rehabilitation of existing wastewater treatment plants;
  2. construction and upgrading of pumping stations; and
  3. construction of integrated sewerage networks consisting of collectors and pumping mains.

The SRSSP-2 will also ensure that inhabitants of satellites located between the villages where the main sewers pass are also serviced. This will help to maximize the program’s development impacts. The SRSSP-2 also comprises a component to strengthen the related institutions and policies for the water and sanitation sector, by:

  1. improving the governorate-level water supply companies’ operational systems and practices;
  2. strengthening the national water and sanitation sector framework, including the sector's institutions, policy, and monitoring and evaluation
    framework; and
  3. introducing an Investment Project Financing (IPF) component for Technical Assistance on strategic sector issues.

The WB would support both physical infrastructure and institutional and policy strengthening components.
The AIIB Bank would only support the physical infrastructure component.

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
  • World Bank (WB)

AIIB Loan - 300
WB Loan - 300
Borrower - 94

Contact Information

 

ACCOUNTABILITY MECHANISM OF AIIB

In addition, the AIIB has a Bank Oversight Mechanism. According to AIIB's policies, "people who believe they have been or are likely to be adversely affected by a failure of the Bank to implement the ESP may also submit complaints to the Bank's oversight mechanism in accordance with the policies and procedures to be established by the Bank for such mechanism." However, at the time of writing, it is unclear what the exact scope and function of this Oversight Mechanism will be.