Southern Oases Hydraulic Infrastructure (EBRD-49250)

Countries
  • Tunisia
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
Sep 4, 2019
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
Government of Tunisia
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
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)
$ 61.76 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 55,000,000
Converted using 2019-07-19 exchange rate.
Project Cost (USD)
$ 61.76 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 55,000,000 
Converted using 2019-07-19 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 25, 2019

Disclosed by Bank Jul 19, 2019


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Can you contribute information about this project?
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Project Description

According to bank documents, the project involves provision of a sovereign loan of up to EUR 55 million to the government of Tunisia to finance the modernisation of the public hydraulic infrastructure serving oases of four water-scarce southern governorates of Gabes, Gafsa, Kebili and Tozeur.

The proposed EBRD loan will finance the (i) rehabilitation and/or replacement of up to 23 deep boreholes; (ii) decommissioning of up to 20 deep boreholes; (iii) rehabilitation and construction of associated hydraulic infrastructure (including, borehole heads, water cooling systems, pumps and meters); and (iv) improvements of the irrigation and drainage networks.

The Project aims to restore and enhance the resilience of 37 oases ecosystems and to improve access to water resources across the four southern governorates. The Project will improve access to irrigation water to over 30,000 farmers and their immediate families living in the catchment area of the Project and will result in substantial economic and social benefits. In the absence of viable immediate alternatives, the Project will tap into non-renewable groundwater as a transition solution essential for maintaining socioeconomic stability, securing livelihoods, catalyzing women and youth economic inclusion opportunities and minimising emigration rates in the region over the next 30 years.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Mnajja Abdelhamid
mnajja.abdelhamid@yahoo.fr
+216 71 78 17 56
+216 71 28 80 71
http://www.agriculture.tn/
30 Avenue Alain Savary, Tunis 1002, Tunisia

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.