Release date: 15 April 2009
Promoter – Financial Intermediary
The State of Brandenburg in GermanyLocation
Description
Co-financing of investment schemes in the road infrastructure of the State of Brandenburg/Germany.
Objectives
The project is located in a convergence area. Given the current economic climate the upgrading of the state roads will help contribute to sustainable economic development by improving efficiency for road users, improving access and contribute to regional development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
EUR 210 million.
Environmental aspects
The Bank will require the State of Brandenburg to ensure that the EIA process is applied in line with Council Directive 85/337/EEC, amended by Directive 97/11/EC and 2003/35/EC on Environmental Impact Assessment (EIA) and whether each sub-project falls under Annex I, II/III of the Directive. During appraisal, the Bank’s services will review the recommendation from the Competent Planning Authority regarding the need or not for an EIA at each site including compliance with the EU legislation on nature conservation (Habitats and Birds Directive).
Procurement
Compliance with the EU procurement directives and national laws shall be ensured.
Status
Signed - 9/12/2009