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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Albania : € 50,000,000
Transport : € 50,000,000
Signature date(s)
4/06/2010 : € 50,000,000
Link to source

Summary sheet

Release date
7 October 2009
Status
Reference
Signed | 04/06/2010
20070519
Project name
Promoter - financial intermediary
Secondary and Local Roads Programme
Albanian Development Fund
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 137 million
Location
Sector(s)
Description
Objectives

The project is part of an ongoing programme of rehabilitation of secondary and local roads which includes design, construction and supervision in Albania.

Improve the secondary and local road network.

Environmental aspects
Procurement

The proposed sub-projects of the project are road rehabilitations within existing servitude and to a minor extent small-scale construction of new road sections. The environmental impact is thus expected to be minor. Compliance with EU EIA Directive (Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC) and Directive 2001/42/EC of Strategic Environmental Assessment (SEA) will be further appraised, as will compliance to the Habitats and Birds Directives 92/43/EEC and 74/409/EEC respectively.

The Bank will require the promoter to ensure that contracts for implementation of the project are procured in accordance with the principles of the relevant applicable EU procurement Directives and in line with the Bank’s Guide to Procurement.

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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General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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