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Romania: Bucharest Water and Sanitation (RGAB)

Romania: Bucharest Water and Sanitation (RGAB)

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The Bucharest concession was Romania’s first public-private partnership in the water and sanitation sector and one of the first such transactions in the sector in Europe. IFC’s role in structuring and implementing the transaction provided assurances to international operators and the municipality about this pioneering transaction. The transaction was completed in March 2000.
The Bucharest concession was Romania’s first public-private partnership in the water and sanitation sector and one of the first such transactions in the sector in Europe. IFC’s role in structuring and implementing the transaction provided assurances to international operators and the municipality about this pioneering transaction. The transaction was completed in March 2000.

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Categories:Types, Brochures
Published by: World Bank Group Public-Private Partnerships on Jul 11, 2013
Copyright:Attribution Non-commercial

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07/22/2013

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Water
Photo © RGAB
public
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private
 
partnerships
Tis series provides an overview o  successul public-private partnerships in various inrastructure sectors,where IFC was the lead advisor.Tis version refects updated results collected through a ormal project  post-completion monitoring review.
IFC Advisory Services inPublic-Private Partnerships2121 Pennsylvania Ave. NWWashington D.C. 20433ifc.org/pppupdated
The Bucharest concession was Romania’s frst public-privatepartnership in the water and sanitation sector and one othe frst such transactions in the sector in Europe. IFC’s rolein structuring and implementing the transaction providedassurances to international operators and the municipalityabout this pioneering transaction. The transaction wascompleted in March 2000.
Romania: Bucharest Water andSanitation (RGAB)
Vivendi of France (now Veolia) won the bid to operate and maintain the water andsanitation system for 25 years. As of 2010, the company had invested more than $250million in upgrading and servicing the system, providing to the Bucharest metropoli-tan area’s 2.2 million one of the lowest water and sanitation tariffs in Europe. Theconcession has “massively improved water services, in Bucharest, lifting the city’s stan-dard of services above other Romanian towns and toward western European levels”(as reported in a 2010 evaluation of the concession by Castalia Strategic Advisors).

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