📋 Tender Overview
Reference: 20240347
Release date: 7 January 2025
Promoter – Financial Intermediary
ECUADOR DEVELOPMENT BANK BP
Location
Ecuador
Description
The project consists of an intermediated framework loan through Ecuador's development bank to partly finance key projects in the field of water sanitation, sewage, and solid waste.
Objectives
The loan will finance key projects in the field of water sanitation, sewage, and solid waste. This operation can benefit over 150-200,000 inhabitants in Ecuador with access to new, or improved, drinking water and sanitation connections and/or waste collection and disposal services.
Sector(s)
Water, sewerage - Water supply; sewerage, waste management and remediation activities
Solid waste - Water supply; sewerage, waste management and remediation activities
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
USD 100 million (EUR 96 million)
Total cost (Approximate amount)
USD 200 million (EUR 192 million)
Environmental aspects
The promoter has to ensure that the project complies with the EIB's Environmental and Social Standards and the respective principles of EU Directives.
Procurement
The promoter has to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.
Status
Under appraisal - 26/07/2024
