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        ENTI LOCALI DELL EMILIA ROMAGNA

        Signature(s)

        Amount
        € 149,100,600
        Countries
        Sector(s)
        Italy : € 149,100,600
        Composite infrastructure : € 149,100,600
        Signature date(s)
        5/10/2007 : € 39,100,600
        10/12/2008 : € 55,000,000
        26/06/2009 : € 55,000,000

        Summary sheet

        Release date
        28 March 2007
        Status
        Reference
        Signed | 05/10/2007
        20070021
        Project name
        Promoter - financial intermediary
        Enti Locali dell'Emilia Romagna
        CESFEL (Centro servizi finanziari dell'Emilia-Romagna)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 150 million.
        EUR 600 million.
        Location
        Sector(s)
        Description
        Objectives

        Infrastructure schemes supporting sustainable development of small to medium-sized local authorities located in the Emilia Romagna Region.

        Those investments include mostly safety and environmental enhancements in the local road network, upgrading of primary and secondary school services (school buildings), improvements of the urban environment and sustainable urban renewal.

        Environmental aspects
        Procurement

        The relevant European directives have been transposed into regional law and the promoters are required to follow them. The Bank will request in particular that the rules for EIA and natural reserve are strictly adhered to.

        The promoter and final beneficiaries follow European procurement procedures.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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