Urgent Flood Relief and Prevention

The project would contribute to repairing and reconstructing the major damage to the public infrastructure (roads, bridges, water supply, hydraulic infrastructure, etc.) caused by the exceptional rainfall and flooding of November and December 2010.

Objectives

Re-establish the conditions for economic growth and sustainable development, prevent similar disasters by addressing key risks as well as supporting social cohesion and job creation.

Comments

Sector(s)

Transport
Water, sewerage, solid waste

Proposed EIB finance (Approximate amount)

Up to EUR 25 million

Total cost (Approximate amount)

EUR 30 million

Environmental aspects

As an official candidate country for membership to the European Union, the promoter is required to implement all the schemes in compliance with relevant EU environmental and social legislation and principles.

Procurement

Procurement procedures will be consistent with the Bank’s Guidelines to Procurement.

Status

Signed - 10/10/2012.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

Reconstruction and rehabilitation of basic infrastructure damaged by December 2010 floods

E-mail

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged to 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 or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.

EIB Transparency Policy

The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.

Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.