FAYOUM WASTEWASTER EXPANSION PROJECT (EIB-20160835)

Countries
  • Egypt
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.
Borrower
HOLDING COMPANY FOR WATER AND WASTEWATER
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)
$ 192.27 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 172 million
Converted using 2017-06-23 exchange rate.
Project Cost (USD)
$ 451.61 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 404 million
Converted using 2017-06-23 exchange rate.
Bank Documents
Primary Source

Original disclosure @ EIB website

Updated in EWS Jun 23, 2017

Disclosed by Bank Jun 14, 2017


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Project Description
Investment Programme for the construction and expansion of wastewater collection and treatment facilities in the vicinity of Lake Qarun (Fayoum Governorate). The programme will be implemented in two phases.The project will: - Provide first-time sewerage infrastructure to unserved rural population(more than 800,000 inhabitants); - Improve the living standards and public health of the population by (i) reducing wastewater supply/demand gap; (ii) limiting their exposure to water borne diseases; and (iii) freeing up higher quality water for irrigation; - Improve the environmental conditions in the Fayoum Governorate and Lake Qarun; - Enhance the regional economic activities related to Lake Qarun and employment creation in a governorate where more than 30% of the population lives below the poverty line;
Investment Description
  • European Investment Bank (EIB)
Contact Information
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