Release date: 28 March 2007
Promoter – Financial Intermediary
The State Road Administration of the Republic of MoldovaContact point: Anatolii Usatii
Location
Description
Rehabilitation of key sections of Moldova's road trunk network along the main North-South and East-West axes, including in particular links of high EU interest.
The Project will comprise two phases and is expected to be co-financed by the EIB, the EBRD and the World Bank Group. Grant resources from the EU and/or other donors would be sought in complement. The Government of Moldova would, in parallel, rehabilitate additional sections on the key axes of Moldova's trunk road network.
Objectives
Moldova is a border state between the EU and the countries further to the East. The project is expected to create benefits in vehicle operating costs, time savings and improved safety for road users. It will help secure better access to EU markets and encourage foreign direct investment inflows into Moldova.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 30 million.
Total cost (Approximate amount)
Approximately EUR 100 million.
Environmental aspects
No significant environmental problems are foreseen and the project will have a rather limited environmental impact as it involves rehabilitation schemes. Construction permits are to be granted after presentation of the respective detailed designs. The project would not fall under Annex I nor Annex II of the EC Directive, if located in the EU. It does not require an EIA.
Procurement
Procurement for the proposed project would be carried out in accordance with the World Bank's set of rules. All construction works and supervision contracts will be tendered internationally, including prior publication in the OJEU.
Status
Signed - 28/06/2007
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).