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Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Latvia : € 400,000,000
Education : € 40,000,000
Energy : € 40,000,000
Health : € 40,000,000
Services : € 120,000,000
Composite infrastructure : € 140,000,000
Signature date(s)
17/03/2015 : € 10,000,000
4/12/2019 : € 10,000,000
17/03/2015 : € 20,000,000
17/03/2015 : € 20,000,000
17/03/2015 : € 20,000,000
4/12/2019 : € 20,000,000
4/12/2019 : € 20,000,000
4/12/2019 : € 20,000,000
17/03/2015 : € 60,000,000
4/12/2019 : € 60,000,000
17/03/2015 : € 70,000,000
4/12/2019 : € 70,000,000
Link to source

Summary sheet

Release date
15 September 2014
Status
Reference
Signed | 17/03/2015
20130674
Project name
Promoter - financial intermediary
EU FUNDS CO-FINANCING 2014-2020 (LV)
REPUBLIC OF LATVIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 400 million
EUR 6723 million
Location
Sector(s)
Description
Objectives

Co-financing with EU structural and investment funds of priority investments in the Republic of Latvia in the 2014-2020 programming period. The structural programme loan will support schemes under the operational programmes in growth and employment and rural development.

The structural programme loan (SPL) will support the Latvian operational programmes in growth and employment and rural development for the 2014-2020 programming period.

Environmental aspects
Procurement

Latvia, as an EU Member State, has transposed the relevant EU Directives 2011/92/EU Directive and 2001/42/EC into the national environmental legislation. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the EU Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the EU Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives, where appropriate. All relevant key documents for the project will be published, in line with the Bank's disclosure policy.

The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank's services during appraisal.

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).

Documents

Environmental and Social Data Sheet (ESDS) - EU FUNDS CO-FINANCING 2014-2020 (LV)
Publication Date
11 Dec 2014
Document language
Main Topic
Lending
Document Number
56476136
Document Focus
Environmental Information
Project Number
20130674
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (LV) - Strategic Environmental Assessement for the OP Rural Development
Publication Date
12 Jul 2016
Document language
Main Topic
Lending
Document Number
56558129
Document Focus
Environmental Information
Project Number
20130674
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (LV) - Strategic Environmental Assessment
Publication Date
14 May 2016
Document language
Main Topic
Lending
Document Number
56562536
Document Focus
Environmental Information
Project Number
20130674
Regions
Countries
Publicly available
Download now

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