Minagiotiko Dam PPP Project (EBRD-15864)

Countries
  • Greece
Geographic location where the impacts of the investment may be experienced.
Specific Location
Pylou Nestoros and Messini
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
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of Greece
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Hydropower
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Nov 17, 2022

Disclosed by Bank Oct 28, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank website, the Government of Greece is currently considering a project as a Public-Private Partnership ("PPP") to utilise water and surface runoffs into a adam accompanied by the appropriate irrigation network for serving agricultural needs of the area which falls within the remit of the Municipalities of Pylou Nestoros and Messini. More specifically, the Project includes:

  • The elaboration of the design of water mains of Lachanada and Militsa villages, as well as any supporting designs during the construction phase.
  • The construction:
    • of the Minagiotiko dam;
    • of the irrigation network for the irrigation of an area of 35.000.000 m2;
    • of the accompanying roadworks:
      • restoration of parts of existing rural roads that are going to be flooded;
      • roads for access to the dam site, the main pumping station and around of the reservoir; and
      • small sections for the access along water ducts.
    • of the accompanying quarries and depot areas with the necessary accesses;
    • of the water mains of Lachanada and Militsa.
  • The implementation of an Information Management System and remote control.
  • The maintenance and operation of the irrigation network for up to 21 years.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Investment type not available on website at the time of the snapshot


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contact information provided in the time of disclosure. 

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works