Release date: 22 July 2005
Promoter – Financial Intermediary
Public Enterprise “Serbian Railways”Description
Track rehabilitation of railway lines along Corridor X. Adaptation of structures to allow modern container traffic, as well as modernization of rolling stock.
Objectives
Providing higher level of speed and safety, lowering line maintenance costs and enabling the railways to more efficiently handle freight traffic.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 80 million.
Total cost (Approximate amount)
Up to EUR 160 million.
Environmental aspects
Most of the infrastructure components of the project concern the rehabilitation of existing railway tracks on existing alignments and are not expected to generate any adverse impact on the environment. For some sections where a new alignment is foreseen, the Bank’s services will take care to ensure that proper attention is given to all environmental concerns and appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines.
Procurement
Procurement procedures will be on the basis of international competitive bidding with tender publication in the Official Journal of the European Community, in line with the Bank’s guidelines.
Status
Signed - 8/12/2006
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).