Signature(s)
Summary sheet
Financing of small and medium-sized investments in urban renewal, urban transport and other sectors of importance to the urban environment throughout the Republic of Cyprus.
The protection and enhancement of the urban environment is a key objective for European action and, against this backdrop, the project responds explicitly to current EU priorities. All schemes and/or sub-projects will be located in Objective 2 territory, and will contribute to the regeneration of the respective localities by promoting urban renewal and improving urban infrastructure in a planned and systematic fashion.
The sub-projects and/or schemes that will comprise the investment programme are unlikely to fall under Annex 1 of the EEC Directive 97/11 on environmental impact assessment. The promoter will assess environmental impact within the context of the prevailing planning and environmental regulations, with any mitigating measures that may be required considered in the context of the usual authorisations. The Bank will monitor this process closely.
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation with parallel publication of tender notices in the EU Official Journal, as and when appropriate.
Construction.
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.
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 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.
Related publications