Release date: 24 October 2003
Promoter – Financial Intermediary
TCTA - Trans-Caledon Tunnel Authority
Tuinhof Building
265 West Street
PO Box 10335
Centurion 0046
South Africa
Location
Description
Construction of a 126 million m3 storage dam (plus related infrastructure on the Berg River (North East of Cape Town)
Objectives
The planned dam and infrastructure should help to meet the growing demand for water of the Greater Cape Metropolitan Area.
Comments
Water.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Total cost (Approximate amount)
Not available
Environmental aspects
The project complies with the Bank’s environmental principle of minimisation of negative environmental impacts, and is deemed environmentally acceptable.
Procurement
The procurement procedures applied are in the best interest of the project and will be with regard to the contracts financed by the Bank in accordance with EIB’s rules.
Status
Signed - 23/09/2004
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).