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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Egypt : € 70,000,000
    Water, sewerage : € 70,000,000
    Signature date(s)
    30/09/2009 : € 70,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    22 April 2008
    Status
    Reference
    Signed | 30/09/2009
    20070111
    Project name
    Promoter - financial intermediary
    IWSP (Integrated Water and Wastewater Services Programme)
    Public sector Holding Company for Water and Wastewater (HCWW) under the aegis of the Ministry for Housing, Utilities and Urban Development
    Contact point – Ms. Laila Darwish, Advisor to the Minister
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    Currently estimated at EUR 300 million, including about 90% for capital investments and the remainder for project preparation and accompanying measures / technical assistance.
    Location
    Sector(s)
    Description
    Objectives

    The project includes (i) capital investments to rehabilitate, upgrade or install new infrastructure (water treatment plants, waste water treatment plants and water and sewer networks) as well as (ii) accompanying measures to strengthen the institutional capacity in the sector. The individual investments in infrastructure will be prioritised on the basis of the Egyptian National Water Resources Plan and more detailed regional Master Plans.

    The development objectives of the IWSP are to:

    • improve the health status of the population in the target Governorates, by securing adequate and clean drinking water and safe sanitation, mainly in rural areas;
    • contribute to the protection of the environment, by reducing the pollution load of the sewage that is polluting the water resources; and
    • achieve financial stability and overall sustainability of HCWW and its affiliated companies in the target Governorates, through implementing a sustainable tariff policy, and improving management and operation of the current and future assets.

    Environmental aspects
    Procurement

    The project is expected to have significant positive impacts on the environment. It will improve access to safe drinking water and sanitation for approximately 4 million people in the 4 Governorates concerned. Where appropriate drinking water and wastewater standards of the European Union will be applied. In any case national standards which effectively mirror World Health Organisation standards will be complied with.

    With respect to the assessment of environmental impact of the works all components under this project will comply with the standards required by national and European environmental legislation.

    All project components will be procured according to standards set out in the procurement guidelines of the European Investment Bank. Where these guidelines would be in conflict with procurement rules of other financing institutions involved, procurement will be in accordance with PRAG of the European Commission.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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