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    Signature(s)

    Amount (.*)
    € 146,850,000
    Countries
    Sector(s)
    Serbia : € 146,850,000
    Transport : € 146,850,000
    Signature date(s)
    17/07/2024 : € 15,850,000
    13/12/2022 : € 31,000,000
    23/11/2018 : € 100,000,000
    (*) Including a € 15,850,000 Investment Grants provided by the COUNTERPART(S) TO BE DETERMINED
    Link to source

    Summary sheet

    Release date
    28 June 2018
    Status
    Reference
    Signed | 23/11/2018
    20170671
    Project name
    Promoter - financial intermediary
    SERBIAN INLAND WATERWAY INFRASTRUCTURE
    REPUBLIC OF SERBIA - MINISTRY OF CONSTRUCTION, TRANSPORT AND INFRASTRUCTURE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 147 million
    EUR 316 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of several investments in the existing core Trans-European Transport (TEN-T) Rhine-Danube inland waterway network of the Republic of Serbia, along the Danube and Sava rivers, which aim at increasing the capacity and improving the efficiency and the safety of the inland waterway navigation, thus allowing for a modal shift from roads to river navigation. The different schemes of the framework loan will be linked to the 2015-2025 Development Strategy on Waterborne Transport of the Republic of Serbia.

    The project will facilitate the construction, rehabilitation and upgrade of existing fluvial infrastructure and will improve the navigability of the Danube and Sava rivers, aiming at facilitating a modal a shift from road (which is the current dominant mode) to waterway transport. The project will increase capacity, reduce transport times and costs and ensure smooth, reliable and safe inland navigation along these waterway sections. Inland navigation is one of the most energy efficient transport modes and it is considered crucial for providing sustainable multimodal transport links. In addition, being the two rivers waterways of international category, the project will also enhance the economic ties and material exchanges with neighboring countries.

    Environmental aspects
    Procurement

    The majority of schemes under this operation are included in the Strategic Environmental Assessment relevant to the Inland Waterway Transport Development Strategy of the Republic of Serbia for the period 2015-2025. These are likely to fall under the provisions of Annex I of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU, which has been largely transposed to Serbian legislation. For all these schemes, Environmental and Social Impact Assessments (ESIAs) are either being prepared or will be prepared in due course in accordance with the applicable Directive and the Bank's Environmental and Social (E&S) Standards. These will be further reviewed during the appraisal phase and during the allocation process of each scheme, together with any potential cumulative and cross-border impacts.

    The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    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) - SERBIAN INLAND WATERWAY INFRASTRUCTURE
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    84231035
    Document Focus
    Environmental Information
    Project Number
    20170671
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

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