MR3: Al Ghabawi Septic Tank Facility (EBRD-49875)

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
A
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
Apr 28, 2021
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
  • Water and Sanitation
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)
$ 36.39 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 30,000,000.00
Converted using 2021-02-11 exchange rate.
Project Cost (USD)
$ 72.79 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 60,000,000.00
Converted using 2021-02-11 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Feb 22, 2021

Disclosed by Bank Feb 11, 2021


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Project Description

According to bank provided information, the investment involves the provision of up to EUR30 million loan to finance the construction of a new 24,750 m3/day wastewater treatment facility, to replace and relocate an existing facility currently co-located at the Ain Ghazal Treatment Plant (AGTP), as well as a two-year phased operational period to ensure sustainability of the investment. The new facility will be located at Al Ghabawi and will serve approximately 5.5 million people, including 600,000 Syrians in Amman and the surrounding area.

Despite a significant increase in capex (primarily financed by IFIs), 20 per cent of the population in Amman and Zarqa are unconnected to the mains sewer system, creating a substantial need for a cost efficient and sustainable solution to collect, treat and dispose of individual septic tank waste effectively. The Project will replace the existing and now inadequate facility at Ain Ghazal. The Water Authority Jordan (WAJ) will construct a new dedicated septic tank wastewater treatment facility at the more remote location of Al Ghabawi (this transaction) and afterwards will decommission the septic tank facility at AGTP (the decommissioning will be done under a separate project).

Investment Description

Contact Information

Sultan Mashaqbah
Sultan_Mashaqbah@mwi.gov.jo 
+962 6 5652265
http://mwi.gov.jo/Intro/Pages/default.aspx 
K. Hussein St. 34, Amman, Jordan

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request 

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 at: 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