Release date: 13 September 2012
Promoter – Financial Intermediary
MULONGA WATER AND SEWERAGE COMPANY LTDLocation
Description
The project consists of investments improving the performance of Mulonga Water and Sewerage Company, one of three Commercial Utilities (CUs) serving the Copperbelt area which borders on the DRC. These investments will also address non-revenue water, increase billing collection rates, and expand networks, especially in poor areas.
Objectives
The purpose of the project is to improve access to water and sanitation, including in peri-urban and low-cost areas, with the aim of contributing to better health conditions as well as positive social and economic development in general.
Comments
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 156 million
Environmental aspects
An Environmental and Social Impact Assessment (ESIA) according to international best practices has been prepared in order to evaluate the different project options.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Signed - 17/12/2013
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).