| Project Detail |
Location:
Kazakhstan
Project number:
53239
Business sector:
Municipal and environmental infrastructure
Notice type:
Private
Environmental category:
B
Approval date:
20 Sep 2022
Status:
In Exploratory, Pending Final Review
PSD disclosed:
14 Sep 2022
The provision of a loan of up to KZT 3.3 billion (EUR 6.9 million) to Vodnye Resoursy Marketing LLP, a privately owned utility in the city of Shymkent, to finance the Priority Investment Programme consisting of the Wastewater Treatment Plant ("WWTP") capacity extension and the wastewater network rehabilitation. The project is expected to be a trigger investment for the city under the Green Cities Framework 2 Window II (GrCF2 W2).
Project Objectives
The Project will further improve the companys wastewater treatment services via the expansion of its WWTP capacity and the service area, a reduction in accidents and breakdowns in the wastewater network, and manage the increasing volume of wastewater.
Transition Impact
ETI score: 70
Green (Primary): the Project (i) will generate substantive environmental benefits through reduction of local pollution and employment of the EU environmental standards; (ii) will lead to climate mitigation benefits through elimination of GHG emissions via generating electricity through the companys existing combined heat and power (CHP) units from biogas collected from wastewater sludge.
Inclusive (Secondary): the Project will support (i) mapping of skills in demand in the technical and greener wastewater management sector; (ii) introducing an improved learning programme for young specialists; and (iii) developing closer partnerships between the Companys training centre and local education institutions for skills strengthening. |
