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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Serbia : € 200,000,000
Services : € 200,000,000
Signature date(s)
4/03/2010 : € 200,000,000
Link to source

Summary sheet

Release date
4 August 2009
Status
Reference
Signed | 04/03/2010
20090283
Project name
Promoter - financial intermediary
Public Sector Research and Development
Ministry of Science and Technological Development
Katarina Petrovic
22-26 Nemanjina Street
11000 Belgrade, Republic of Serbia
Tel/Fax. +381 11 3616528
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million.
EUR 420.8 million.
Location
Sector(s)
Description
Objectives

The project concerns a series of investments aimed at revitalising public R&D in Serbia. These investments, spread throughout Serbia, include upgrading of existing infrastructure, creating a new science centre, construction of student and young scientist accommodation and upgrading the academic computer network.

R&D in Serbia has suffered 20 years of neglect. This project is aimed at revitalising the country’s RDI activities.

Environmental aspects
Procurement

Serbia has adopted environmental legislation in line with the standards mandated in the EU directives. The promoter will have to consider the environmental impact of both building construction and the proposed R&D activities in the context of planning and environmental regulations. The environmental consequences of the project should be acceptable but will be examined during appraisal.

Serbian public procurement law is consistent with Directives 2004/17/EC and 2004/18/EC. The Bank will require the Promoter to ensure that investments to be financed under this operation are consistent with EU procurement directives.

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).

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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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