PROJECT

Projects

Summary of Investment Information

Project Number

36080

Company Name

IZMIR SU VE KANALIZASYON IDARESI GENEL MUDURLUGU

Date SPI Disclosed

May 14, 2015

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Jun 15, 2015

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Regional Industry - INF ECA

Industry

Infrastructure

Previous Events

Approved : Jun 15, 2015
Signed : Jun 26, 2015
Invested : Dec 9, 2015

Sector

Water and Wastewater Utilities

Project Description

The proposed IFC investment is an A loan of up to EUR 15 million A Loan to Izsu, the Water and Sewerage Administration of the Izmir Metropolitan Municipality (“IMM”), to support the construction of the 90 km sewerage system (“Sewerage Network”), as well as a new wastewater treatment plant (“WWTP”) with a 10,000 m3/day treatment capacity in Yeni Foca district (together the “Project”). The Project is approved by the Ministry of Development and the Turkish Treasury for foreign borrowing.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation