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Signature(s)

Amount (.*)
€ 88,127,756
Countries
Sector(s)
Montenegro : € 88,127,756
Water, sewerage : € 88,127,756
Signature date(s)
29/11/2013 : € 392,000
18/03/2011 : € 1,707,542
30/01/2020 : € 3,053,320
10/10/2012 : € 3,415,250
30/09/2008 : € 5,000,000
25/06/2015 : € 10,000,000
13/12/2010 : € 16,500,000
30/12/2024 : € 22,559,644
29/12/2016 : € 25,500,000
(*) Including a € 3,053,320 Investment Grants provided by the WESTERN BALKANS INVESTMENT FRAMEWORK ,a € 22,559,644 Investment Grants provided by the WESTERN BALKANS INVESTMENT FRAMEWORK
Link to source

Summary sheet

Release date
17 June 2005
Status
Reference
Signed | 03/04/2006
20050221
Project name
Promoter - financial intermediary
Montenegro Municipal Water and Sanitation
Republic of Montenegro.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 57 million.
EUR 114 million.
Location
Sector(s)
Description
Objectives

Rehabilitation and construction of water and waste water infrastructure of municipalities.

Improved environmental services, reduced public health risks and a positive impact on the region’s attractiveness for tourism.

Environmental aspects
Procurement

Project components will be beneficial to the environment, either by providing better drinking water to the population or by collecting and cleaning wastewaters before discharging into receiving waters. The Bank’s services will take care to ensure that proper attention is given to all environmental concerns and that appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines.

Procurement will be in line with EIB procurement guidelines and/or with the other financiers’ guidelines and national law as applicable.

Comments

Other community, social and personal service activities.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

News & Stories

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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