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        PORT OF TALLINN EXPANSION

        Signature(s)

        Amount
        € 40,000,000
        Countries
        Sector(s)
        Estonia : € 40,000,000
        Transport : € 40,000,000
        Signature date(s)
        12/02/2009 : € 40,000,000

        Summary sheet

        Release date
        27 August 2008
        Status
        Reference
        Signed | 12/02/2009
        20080393
        Project name
        Promoter - financial intermediary
        Port of Tallinn Expansion

        AS Tallinna Sadam (Port of Tallinn)
        Sadama 25, 15051 Tallinn

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 40 million.
        The project cost is estimated at about EUR 80 million, out of which about EUR 55 m for the expansion of the Muuga container terminal and about EUR 25 m for the Paldiski South quays.
        Location
        Sector(s)
        Description
        Objectives

        Expansion of the container terminal at Muuga Harbour, and construction of new quays for dry bulk cargo at Paldiski South Harbour

        The project will enable the port to handle growing volumes of cargo, either as transit from Russia or as Estonian import-export, providing necessary infrastructure to accommodate economic growth.

        Environmental aspects
        Procurement

        The two project components at Muuga Harbour and Paldiski South Harbour fall under Annex I of the EIA Directive and have been subject to full EIAs, with environmental authorisations granted on 2 June 2006 and 15 March 2007, respectively. EIAs, biodiversity assessment requirements and environmental monitoring plans will be checked during appraisal.

        The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation, with parallel publication of tender notices in the EU Official Journal, as and where appropriate.

        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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