LV WATSAN - KISUMU (EIB-20110619)

Countries
  • Kenya
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
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
May 29, 2017
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
LAKE VICTORIA SOUTH WATER SERVICES BOARD
The holder of the loan, grant, or other investment.
Sectors
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.32 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 35 million
Converted using 2017-07-20 exchange rate.
Project Cost (USD)
$ 103.67 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 90 million
Converted using 2017-07-20 exchange rate.
Bank Documents
Primary Source

Original disclosure @ EIB website

Updated in EWS Aug 14, 2017

Disclosed by Bank Jul 19, 2016


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Project Description
The project entails the rehabilitation and construction of water supply and wastewater systems in Kisumu and some peri-urban areas. The project involves the expansion of the water supply and rehabilitation and expansion of the wastewater system in the city of Kisumu, as well as certain satellite towns around the city. The operation is expected to contribute to the achievement of the Sustainable Development Goals by increasing access for the population to safe drinking water and sewerage connection while protecting the environment and sustaining the development of communities in the Lake Victoria region.
Investment Description
  • European Investment Bank (EIB)
Contact Information
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