Release date: 31 August 2011
Promoter – Financial Intermediary
Public Utilities Corporation
Location
Description
The project consist of: i) renewal and expansion of existing water supply system in the three main islands to improve water efficiency, reliability and resilience to climate variability; ii) upgrading of sewerage system in Mahé; iii) new sanitation facilities in La Digue; iv) non-revenue water and water demand management programmes.
Objectives
The renewal and expansion of the water supply systems in the three main islands of Seychelles would help to cover the current and projected water deficit, improve their water and energy efficiency and increase their resilience to climate variation.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 27 million
Total cost (Approximate amount)
Indicative amount : EUR 63 million
Environmental aspects
The project could have significant environmental and social benefits by securing access to water and sanitation facilities to all the population on a reliable basis, reducing health risks resulting from current contamination of groundwater sources and protecting the environment against domestic pollution and salt intrusion.
Procurement
The works to be financed by the Bank will be procured on the basis of open competition in compliance with the EIB Guide for Procurement.
Status
Signed - 28/12/2011
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).