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    Signature(s)

    Amount (.*)
    € 232,900,000
    Countries
    Sector(s)
    Egypt : € 232,900,000
    Water, sewerage : € 232,900,000
    Signature date(s)
    21/07/2020 : € 19,000,000
    18/12/2018 : € 213,900,000
    (*) Including a € 19,000,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM
    Link to source
    Data sheet

    Summary sheet

    Release date
    4 August 2017
    Status
    Reference
    Signed | 18/12/2018
    20170090
    Project name
    Promoter - financial intermediary
    KITCHENER DRAIN
    HOLDING COMPANY FOR WATER AND WASTEWATER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 233 million
    EUR 441 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project concerns the depollution of Kitchener drain in the Delta region in Egypt.

    The project aims at the depollution of the Kitchener Drain through investments in: (i) wastewater & sanitation; (ii) solid waste, and (iii) drain infrastructure rehabilitation. The Kitchener Drain is one of the most severely polluted drains in the Egyptian Nile Delta. The project is expected to significantly improve health and social conditions in the surrounding areas.

    Environmental aspects
    Procurement

    The project is expected to have substantial environmental and social benefits as it addresses the deteriorated condition of water in the highly polluted Kitchener Drain. 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 Bank will require the promoter to ensure that implementation of the project components financed by the Bank will be done in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee
    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    The project is expected to be co-financed by EIB and EBRD whereby EIB financing would focus on the wastewater & sanitation project components and EBRD financing would focus on the solid waste and drain rehabilitation project components. The EIB and EBRD will be a seeking a EU grant contribution from the Neighbourhood Investment Facility for this project.

    Link to source
    Summary sheet

    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 Data Sheet (ESDS) - KITCHENER DRAIN
    Publication Date
    6 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    78611950
    Document Focus
    Environmental Information
    Project Number
    20170090
    Sector(s)
    Countries
    Publicly available
    Download now

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