9. UMBULAN WATER SUPPLY

LOCATION: East java

Sector: Water Supply

Sub-Sector : Water Supply



Description:

The Umbulan Water Supply Project aims to increase the water supply capacity to meet the demand in the East Java Province. The capacity of the drinking water is 4,000 lps at Gresik Regency, Surabaya City, Pasuruan City, Pasuruan Regency and PDAM (Industrial Area) connecting approximately 320,000 households.

Estimated Project Cost : USD 140.7 milion

Financial Feasibility :

FIRR : 14.00 %

NPV : USD 34.2 milion

Estimated Concession Period : 25 Years

Government Contracting Agency

: Governor of East Java Province

Contact Person

: Mr. Lili Soleh Wartadipradja, Head of Investment Board, East Java Province +6231-3577691 / +6231-3577692 e-mail: lili_soleh@yahoo.com

Project Status:

Project is currently under construction

Investors :

Consortium of Bangun Cipta Kontraktor and Medco Energy International

Financier :

PT IIF and PT SMI (Persero)

Indicative Government Support & Guarantee:

The project is supported by VGF from the Ministry of Finance, financial project support from the Ministry of Public Works and Housing and the Government of East Java. Project is guaranteed by IIGF.

Implementation Schedule (Estimated):

1. Preparation

: 2011 - 2016

2. Land Acquisition

: 2016 - 2017

3. Construction

: 2017 - 2019

4. Operation

: 2020

Indicative Project Structure