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Signature(s)

Amount
€ 90,000,000
Countries
Sector(s)
Cyprus : € 90,000,000
Water, sewerage : € 90,000,000
Signature date(s)
25/05/2007 : € 90,000,000
Link to source

Summary sheet

Release date
7 June 2006
Status
Reference
Signed | 25/05/2007
20060155
Project name
Promoter - financial intermediary
Larnaca Sewerage and Drainage I

Larnaca Sewerage and Drainage Board

Mrs Evi Theopemptou
General Manager
Corner Iras & F. Kontoglou
P.O. Box 40620, 6306 Larnaca

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
Estimated at EUR 150 million
Location
Sector(s)
Description
Objectives

The project consists of Phase II (2006-2012) of Greater Larnaca's sewerage and drainage systems' and treatment facilities' expansion.

The project will contribute to the compliance of the Larnaca Sewerage and Drainage Board with the requirements of EC Directive 91/271 on Urban Wastewater Treatment (as amended by Directive 98/15/EC) by 2012.

Environmental aspects
Procurement

An EIA, in form and substance fully compliant with national Law, of project components is under preparation. The EIA Study will also cover eventual requirements under other Environmental Directives, in particular for Habitat and Wild Birds (Natura 2000).

The Promoter meets obligations regarding public notice and EU Journal publication of tenders notices, whenever applicable.

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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