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    Signature(s)

    Amount
    € 12,718,558
    Countries
    Sector(s)
    Greece : € 12,718,558
    Solid waste : € 12,718,558
    Signature date(s)
    10/06/2015 : € 12,718,558

    Summary sheet

    Release date
    31 January 2012
    Status
    Reference
    Signed | 10/06/2015
    20110280
    Project name
    Promoter - financial intermediary
    W Macedonia SWM PPP

    Diacheirisis Aporrimaton Ditikis Makedonias SA (DIADYMA)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 40 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises the design, construction, operation and maintenance of a waste treatment and disposal facility in the area of West Macedonia.

    The project will provide an improved mode of treatment of residual waste generated in the region, which currently is disposed in landfills. In addition to contributing to diversion of waste from landfill disposal in line with EU and national policy, the project will enable some recycling and recovery of waste. The project will also contribute to reduction of greenhouse gas emissions by diversion of waste from landfills, and thus be in line both with EU policy and the Bank’s policies and lending priorities of climate change mitigation.

    The project is eligible for EIB financing under Article 309 c) of the Treaty as an environmental and possibly energy project of common interest. Being a convergence region, the Project is also eligible under Article 309 a) projects for developing less-developed regions.

    Environmental aspects
    Procurement

    The project consists primarily of a waste treatment facility that will enable diversion of residual waste from landfills and some recovery of recyclables and possibly energy generation from the residual waste stream. The project will thus contribute to reaching compliance with EU policy and targets on landfill diversion and recycling, and will also contribute to climate change mitigation. The facilities will be constructed next to a site where a sanitary landfill has been operated since 2005.

    Procurement is carried out through restricted international competitive tendering, in accordance with Greek PPP regulations and in line with the EU Public Procurement Directive (2004/18/EC). A shortlist of bidders has recently been announced and final bid submission will take place in 1H12. The preferred bidder is expected to implement the project through a turn key contract for implementation of the waste treatment facility and a sub-contract for operation and maintenance of the project facilities.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - W MACEDONIA SWM PPP
    Publication Date
    25 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    46733782
    Document Focus
    Environmental Information
    Project Number
    20110280
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - W MACEDONIA SWM PPP
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    88393303
    Document Focus
    Environmental Information
    Project Number
    20110280
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    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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