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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
South Africa : € 30,000,000
Composite infrastructure : € 30,000,000
Signature date(s)
21/06/2005 : € 30,000,000
Link to source

Summary sheet

Release date
24 November 2004
Status
Reference
Signed | 21/06/2005
20030273
Project name
Promoter - financial intermediary
Metro Municipality Project I - Tshwane
City of Tshwane Metropilitan Municipality (CTMM)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 500 million
Description
Objectives

The project involves the co-financing of the 2004-2007 investment programme of the Tshwane Municipality, which includes capital expenditure for infrastructure (water, electricity and roads).

Increase the quality of life in the city, particularly in those areas, mostly in the North, where 40% of the population is located, which is suffering from poor access to piped water, sanitation and electricity.

Environmental aspects
Procurement

Urban infrastructure and services are usually relatively innocuous for the environment and some of the investments foreseen (green areas, urban renewal) will in fact have very positive results for the local environment and the quality of life of CTMM inhabitants.

CTMM will abide by the principles of proper accounting and proper bidding procedures for municipal construction and operation contracts.

Comments

Multisector, including urban infrastructure and utilities

Link to source

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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