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Signature(s)

Amount
€ 29,000,000
Countries
Sector(s)
Romania : € 29,000,000
Water, sewerage : € 29,000,000
Signature date(s)
19/03/2004 : € 29,000,000
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Summary sheet

Release date
30 May 2003
Status
Reference
Signed | 19/03/2004
20020343
Project name
Promoter - financial intermediary
Municipal Water Infrastructure II
Romania, acting through the Ministry of Public Finance.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 29 million
EUR 120.6 million
Location
Sector(s)
Description
Objectives

The upgrading of the water supply and wastewater infrastructure for the towns of Buzau, Piatra Neamt and Satu Mare.

The project will accelerate Romania’s compliance with EU environmental standards, improve consumer and environmental services, reduce public health risks through reduced pollution and improve management of natural resources. The project will assist in developing institutional capacity in the environmental services sector. The Bank loan will complement grant money from the European Commission.

Environmental aspects
Procurement

The project has an overall positive environmental impact. An Environmental Impact Assessment report including required public consultation has been prepared for all ISPA projects and reviewed by the European Commission, who gave their full consent.

Tendering procedures will follow the principles of the respective EU procurement directives, including, where required, publication in the EU Official Journal. Tender evaluation procedures will be closely monitored by the EC Delegation in Bucharest

Comments

Environment – water and wastewater treatment

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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