Minsk VK

disbursing

A Sovereign guaranteed loan of up to EUR 84 million to Minsk Vodokanal (“MVK” or “Company”), a municipal enterprise wholly owned by the City of Minsk (the “City”), to finance a Priority Investment Programme (“PIP”) for the rehabilitation and reconstruction of the Minsk wastewater facilities (“Project”). The proposed EBRD loan is expected to have several tranches and would be co-financed in equal amount by the European Investment Bank (“EIB”). The total project costs are estimated at EUR 168 million. The loan will be used to co-finance: (i) reconstruction of Minsk WWTP to eliminate odour, optimise use of the existing facilities and enhance wastewater treatment efficiency of the plant in line with national and EU requirements, and (ii) construction of sludge treatment facilities (including digestion, dewatering, drying and incineration) in line with EU BAT on the premises of the WWTP. Once implemented, the Project will lead to: (i) EU-compliant treatment of the entire flow of wastewater (ii) a reduced level of odour (iii) an EU-compliant solution for sludge management and disposal. The Project is expected to substantially contribute to the reduction of pollution in downstream river Svisloch, and subsequently Dnieper River and the Black Sea basin. The project is part of the Green Cities Framework (GrCF) that is a strategic and multi-project approach targeting environmental issues in selected cities in EBRD countries of operation. The primary goal is to achieve significant environmental improvements and promote the green transition quality in the city. The GrCF also aims to build necessary capacity and facilitate better coordination and buy-in among various stakeholders within the relevant cities in order improve the governance, operational efficiency and financial sustainability of the targeted investments and initiatives. These objectives will also be supported by the development and implementation of a city-specific Green City Action Plan (GCAP). There is a Project Summary Document available for this project. EIA/OVOS: Environmental Impact Assessment: Russian | Appendices: A-E, J-M Supplementary ESIA: English,  Appendix B | Appendices C | Russian,  Appendix B, Appendices C Non technical summary: English | Russian Stakeholder Engagement Plan: English | Russian Environmental and Social Action Plan: English | Russian Full ESIA documentation is available locally at: Client website Documents: Russian | English UE ‘Minskvodokanal’ Address: 15 Pulikhova street, 220088 Minsk, Belarus Phone: +375 17 389 40 20 Email: info@minskvodokanal.by and EBRD Resident Office in Minsk, Belarus 70 Myasnikova Street, Room 522 220030 Minsk Tel: +375 17 308 39 00 And EBRD website General/Environmental and social enquiries UE ‘Minskvodokanal’ Contact name: Zaitseva Olga Mihailovna, Head of Department of Environment and Development Address: 15 Pulikhova street, 220088 Minsk, Belarus Phone: +375 17 327 64 02 Email: info@minskvodokanal.by