Project Detail |
Location: Türkiye Project number: 55489 Business sector: Municipal and environmental infrastructure Notice type: State Environmental category: B Approval date: 30 Apr 2025 Status: Exploratory English-language PSD published: 04 Feb 2025 Project Description A sovereign loan of up to EUR 100m to the Republic of Türkiye represented by the Ministry of Treasury and Finance, which will be on-granted to Hatay Water and Sewage Administration (HATSU) in Türkiye. The loan will finance the construction of up to 370 km of a sewer network and Ucgulluk Wastewater Treatment Plant (WWTP) with a capacity of 21,000m3/d, deep-sea discharge, including construction supervision services and procurement of maintenance equipment, in the Arsuz district of city of Hatay, subject to the outcome of technical due diligence (Project). Project Objectives The Project aims to support the construction of essential wastewater infrastructure in Hatay, a region severely impacted by the two catastrophic earthquakes with magnitude of 7.7 and 7.6 on February 6, 2023, which caused a widespread devastation across 11 provinces in southeastern Türkiye, severely disrupting the livelihoods of countless people. The Banks investment is intended to improve essential services in the region and support the long-term resilience and sustainability of the citys infrastructure. |