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BULGARIA EU FUNDS COFINANCING 2007-13

Signature(s)

Amount
€ 700,000,000
Countries
Sector(s)
Bulgaria : € 700,000,000
Solid waste : € 28,000,000
Water, sewerage : € 322,000,000
Transport : € 350,000,000
Signature date(s)
14/12/2007 : € 28,000,000
14/12/2007 : € 322,000,000
14/12/2007 : € 350,000,000
Link to source

Summary sheet

Release date
5 July 2007
Status
Reference
Signed | 14/12/2007
20060411
Project name
Promoter - financial intermediary
Bulgaria EU Funds co-financing 2007-13 projects
The Republic of Bulgaria, through the Ministry of Finance (Borrower and Payment authority for the EU programmes), and other Ministries involved as Management Authorities in the National Strategic Reference Framework (NSRF) 2007-13, as well as in measures included in European Agricultural Fund for Rural Development (EAFRD) programme.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
The EIB loan is expected to cover up to 20% of the eligible cost.
The cost eligible to the Bank’s project will be determined during appraisal as a part of the NSRF and Rural Development programmes. It is expected to amount to about EUR 3.5 billion,.
Description
Objectives

The project will support a number of investment schemes eligible to the Structural Funds and Cohesion Fund grants in the programming period 2007-13. These will be included in the relevant Operational Programmes in the areas of industry, services, transport, environment, local basic infrastructure, research and development, information society, measures of rural development and others.

The project aims at both facilitating and accelerating the implementation of investment schemes responding to EU policy priorities for the further development of the economy and its faster integration into the Union’s. Through the support of its technical services, as well as that from Jaspers, Jeremie and Jessica, the EIB group will also give a contribution to the overall programme implementation of the Bulgarian NSRF and Rural Development.

Environmental aspects
Procurement

These will be verified according to current environmental impact legislation in the Republic of Bulgaria in line with relevant EU legislation (namely Directive 85/337/EEC as amended by Directive 97/11/EC and 2003/35/EC).

EU Directives for procurement have been transposed into national Bulgarian legislation. Tenders will be organized in compliance with EU requirements, which is also a precondition for EU grant support. Tender notices will be published, as appropriate, in the EU Official Journal. Application of EU procedures by the Bulgarian authorities for the tender of services, supplies and civil works will be reviewed by the Bank’s services during appraisal.

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).

Documents

Environmental and Social Completion Sheet (ESCS) - SEPTEMVRI - PLOVDIV RAIL (FL20060411)
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
88809128
Document Focus
Environmental Information
Project Number
20060411
Regions
Countries
Publicly available
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