EIB finances Fayoum Wastewater Expansion project in Egypt
The European Investment Bank has signed the first finance agreement worth €126 million - out of a total financing support of €172 million - to improve wastewater infrastructure and access to sanitation services in the Fayoum Governorate in Egypt.
The project is being co-financed together with the European Bank for Reconstructon and Development and the EU Neighbourhood Investment Facility, which will be contributing a grant of €37 million to the project to fund both investments and technical assistance.
The project will be implemented in two phases during 2018-2025. It involves the construction of eight new wastewater treatment plants (WWTPs), the expansion of nine existing WWTPs, the rehabilitation of ten existing WWTPs, the construction of associated sewerage networks, including 139 new pumping stations, for currently unserved rural villages, and the provision of on-site sanitation facilities and evacuation trucks for around 400,000 people.
