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ALEXANDRIA WEST WASTE WATER TREATMENT PLANT EXT

Signature(s)

Amount (.*)
€ 140,050,000
Countries
Sector(s)
Egypt : € 140,050,000
Water, sewerage : € 140,050,000
Signature date(s)
23/03/2022 : € 20,050,000
31/12/2019 : € 120,000,000
(*) Including a € 20,050,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM

Summary sheet

Release date
31 August 2018
Status
Reference
Signed | 31/12/2019
20170089
Project name
Promoter - financial intermediary
ALEXANDRIA WEST WASTE WATER TREATMENT PLANT EXT
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 140 million
EUR 185 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project concerns the capacity increase and treatment level upgrade of the Alexandria West Wastewater Treatment Plant (WWTP).

The objectives of the operation are: (i) environmental protection and depollution, (ii) improving public health, and (iii) promoting sustainable economic development. First, the primary objective of the operation is to bring environmental benefits to the project area through the sustainable disposal or utilisation of effluent and sludge, sustainable water resources management, and the depollution of Lake Maryut and the Mediterranean Sea. Second, the project will improve the public health situation in Alexandria by improving water quality and reducing pollution. Third, the project is expected to lead to positive economic externalities by, for example, improving the economic situation for fisheries and tourism in the area.

Environmental aspects
Procurement

The project is anticipated to contribute towards efficient and sustainable water resources management in Egypt as well as to the Egyptian climate protection efforts. In addition, it is expected to have substantial environmental and social benefits, as it will reduce the levels of pollution in Lake Maryout, El Mex Bay and the Mediterranean Sea. Any potential adverse environmental and social impacts are site-specific and can be prevented and/or readily minimised through appropriate mitigation measures and by adhering to globally recognized performance standards, guidelines, and/or design criteria, including EIB environmental and social principles, standards and practices.

The EIB will require the promoter to ensure that the implementation of the project will be done in accordance with EIB's Guide to Procurement.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

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).

Documents

Environmental and Social Impact Assessment (ESIA) - ALEXANDRIA WEST WWTP EXTENSION AND UPGRADE
Publication Date
6 Sep 2018
Document language
Main Topic
Lending
Document Number
86801107
Document Focus
Environmental Information
Project Number
20170089
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ALEXANDRIA WEST WWTP EXTENSION AND UPGRADE
Publication Date
6 Nov 2018
Document language
Main Topic
Lending
Document Number
86746917
Document Focus
Environmental Information
Project Number
20170089
Sector(s)
Countries
Publicly available
Download now

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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