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    Signature(s)

    Amount
    € 240,000,000
    Countries
    Sector(s)
    Romania : € 240,000,000
    Transport : € 240,000,000
    Signature date(s)
    8/03/2002 : € 240,000,000
    Link to source

    Summary sheet

    Release date
    16 August 2001
    Status
    Reference
    Signed | 08/03/2002
    20010269
    Project name
    Promoter - financial intermediary
    ROADS REHABILITATION V PROJECT

    National Administration of Roads (NAR) in the Ministry of Public Works, Transport and Housing.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 240 million
    EUR 480 million
    Location
    Sector(s)
    Description
    Objectives

    The project is likely to comprise the rehabilitation of six sections of road totaling about 750 km of the Romanian network. It represents a continuation of the four previous roads rehabilitation projects funded by the Bank in Romania. The selected schemes form part of or provide access to the Pan-European Corridors IV and IX and/or the TINA network.

    The rehabilitation of six sections of road totalling about 750 km of the Romanian network.

    Environmental aspects
    Procurement

    Rehabilitation works of existing road infrastructure are not expected to generate significant impacts on the environment as the works are usually confined to within existing road boundaries. Where works include re-profiling and/or realignment of an existing route any environmental impact will be assessed to bring in line with EU environmental regulations. Procedures for the implementation of environmental legislation will also be reviewed.

    Procurement will be undertaken in line with the Bank’s procedures.

    Link to source

    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).

    News & Stories

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    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.
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