Release date: 8 November 2005
Promoter – Financial Intermediary
Five Romanian local government authorities or local utility companies in Galati, Caras Severin, Iasi and in the Dambovita county.Location
Description
The project concerns priority improvement schemes in the water sector (water supply and wastewater infrastructure) and in the waste management sector.
Objectives
The objective of the project is to improve the quality and efficiency of the services as well as to support the country’s efforts to comply with EU directives. The operation will be undertaken in close co-operation with the ISPA country programme and all sub-projects will be co-financed with ISPA.
Comments
Solid waste management.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 190 million
Environmental aspects
The project involves improvements to the wastewater and solid waste management infrastructuire in several regions in Romania and will assist the country in harmonising its environmental standards to EU regulations. The project has an overall positive environmental impact. Environmental impact studies will be carried out as applicable (condition of ISPA grant assistance) and mitigating and/or compensation measures applied as necessary. The project promoter is required to respect the requirements of EU Directive 97/11/EC, amending 85/337/EEC.
Procurement
Procurement will be carried out in accordance with the ISPA implementation procedures, which follow the principles of the respective EU procurement directives including, where required, publication of tender notices in the EU Official Journal.
Status
Signed - 9/01/2007
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).