Egypt (nationwide):Facility for Financing Environmental Protection in Public Sector Industries
Disziplinen
-
Umwelt & Nachhaltigkeit
Gesellschaften
Dorsch International Consultants
Auftraggeber
Egyptian Environmental Affairs Agency/EEAA, Cairo
Dauer
Von 1997 bis 2008
Projektleistungen
- Liaison between the EEAA, the KfW and the industrial end users
- Promotion of the facility to eligible industries
- Advice and assistance to state-owned enterprises and their respective Egyptian consultants in checking the technical documentation - feasibility studies, tender documents; submitting technical recommendations to the EEAA and KfW.
- Management of the technical assistance provided under the facility
- Liaison with the participating banks
- Monitoring the implementation of the various projects and acting as intermediary to resolve conflicts between the end user and the contractors
- 5. Carrying out a post-completion assessment of the environmental effectiveness of the various projects
- Carrying out an all over environmental impact assessment report of all implemented projects
Kontakt
Dorsch International Consultants GmbH
München (Headquarters)
80687 München
Germany
Tel.: +49 89 5797-0
Fax: +49 89 5797-800
E-Mail: info@dorsch.de
Beschreibung
The facility was created through German financial cooperation funds to encourage Egyptian public sector industry to improve their environmental performance and reduce pollution.
A fund of € 25.6 millions was used to provide incentives to eligible companies in the form of 25% grants for investment targeted at specific measures to reduce industrial pollution loads and enhance production efficiency (cleaner production) and 50% grants for end-of-pipe treatment measures.
At least 30% of the total investment was provided through commercial loans from one of 5 participating Egyptian banks, the remaining funds were provided through capital resources from the company concerned.
The Egyptian bank coordinated the whole project funding under a loan agreement with the enduser company and disbursement was made through a 100% LC issued by the bank.
State-owned enterprises were able to apply to any one of the 5 participating banks for creditworthiness to cover the required works.
Applications were then assessed with regard to the company’s long-term economic viability for approval by the KfW.
The proposed technical measures were evaluated through feasibility studies, and project bidding and evaluation carried out by the coordinating consultant for final agreement with EEAA and KfW.
A loan agreement was then concluded with the appropriate participating bank and the implementation contract was awarded by the end user.
Definition of the project, through technical / economic studies and preparation of bid documents in respect of individual measures were carried out by Egyptian consultants, with expert support from the coordinating consultant as required, and were financed from a separate supporting measures fund under the facility.
Altogether, over 55 projects were supported in the course of the five-year project run-time.
The facility focused on wastewater projects in the chemical, engineering, food and pharmaceutical sectors at the commencement.
This was subsequently extended to all industrial sectors and, although the majority of the projects still focussed on wastewater, measures then also included air quality and solid waste handling.
Based on experience in the early stages of the facility, the procedures were extensively revised and simplified.