MR3: West Irbid Wastewater Project (EBRD-48496)

Countries
  • Jordan
Where the impacts of the investment may be experienced.
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
Proposed
Bank Risk Rating
B
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
Oct 17, 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
JORDAN SOVEREIGN
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 22.40 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)
$ 44.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Sep 17, 2017

Disclosed by Bank Aug 10, 2017


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Project Description
A loan of up to EUR 19 million, to be co-financed by an investment grant of approximately EUR 19 million from the Global Concessional Finance Facility and other international donors, to the Hashemite Kingdom of Jordan, for the rehabilitation and construction of a wastewater network in 15 towns in West Irbid enabling the towns to connect to the wastewater network including to existing wastewater treatment plants (the Project). The financing package forms part of the EBRD's Municipal Resilience Refugee Response Framework. Irbid governorate is located 83 km north of Amman, with its borders extending to the Jordanian-Syrian borders. The eastern regions of the province include the highway connecting Syria and Jordan, while the western-northern part overlooks the Golan Heights. The proximity of Irbid to the Syrian border has resulted in a significant number of Syrian refugees resettling in the city of Irbid and in the towns surrounding it. The consequent population growth has placed an unprecedented strain on the wastewater network, particularly in the towns lying to the East and West of Irbid which suffer from outdated wastewater collection infrastructure.Improvements will be achieved by providing first time sanitation to residents and thus addressing urgent socio-economic needs of both the local population and the refugee community in the Project area. The improvements are likely to circumvent potential health issues and related economic losses in the Project area.
Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information
Iyad Dahiyat Iyad_Dahiyat@mwi.gov.jo 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, 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.