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IZSU Support
Sectors
Issues Raised
Project Information
Investment ID: 44190
Bank: International Finance Corporation and Multilateral Investment Guarantee Agency
Environmental Category: B
Country: Turkey
Region: Europe and Central Asia
Approval Date: May 26, 2021
Investment Types: Loans
Total Project Cost: USD 236.1 million
Total Complaints: 1
Description
The proposed IFC investment is an IFC A Loan of up to US$34 million, equivalent in local currency, to the Izmir Water and Sewerage Administration (“IZSU”), fully guaranteed by the Izmir Metropolitan Municipality (“Izmir Municipality” or the “City”), to ensure sustained access and quality of services to IZSU’s one million customers and support the City’s long-term water and wastewater infrastructure resilience.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Loans | 44190 | USD 34.0 million | Active | IFC/MIGA | Izmir Water and Sewerage Administration (“IZSU”) |
Related Complaints
| International Finance Corporation and Multilateral Investment Guarantee Agency CAO Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Turkiye: Izmir Water and Sewerage Administration | IFC CAO | Turkey | 15/12/2021 | Active |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| Izmir Water and Sewerage Administration (“IZSU”) |