Small Cities Sanitation Programme (EBRD-49268)

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
Dec 13, 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
Office National de l'Assainissement ("ONAS")
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)
$ 77.86 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 66,500,000.00
Converted using 2017-10-03 exchange rate.
Project Cost (USD)
$ 186.87 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 159,600,000.00
Converted using 2017-10-03 exchange rate.
Bank Documents
Primary Source

Original disclosure @ EBRD website

Updated in EWS Oct 3, 2017

Disclosed by Bank Sep 11, 2017


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Project Description
Provision of a loan to the Office National de l'Assainissement ("ONAS") to cofinance an EUR 160 million programme to rehabilitate and upgrade the sanitation network in up to 35 small cities (less than 10,000 inhabitants) in Tunisia alongside the African Development Bank ("AfDB") and the Tunisian Government. This loan of up to EUR 66.5 million will benefit from a guarantee from the Republic of Tunisia.
Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information
M Hassene Chatti Address: 32, Rue Hedi Nouira – 1001 Tunis Telephone: +216 71 352 015 Fax: +216 71 353 816 Email: dep.budget@onas.nat.tn Company website 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.