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ROADS REHABILITATION VI

Signature(s)

Amount
€ 450,000,000
Countries
Sector(s)
Romania : € 450,000,000
Transport : € 450,000,000
Signature date(s)
22/12/2006 : € 450,000,000
Link to source
Data sheet
ROADS REHABILITATION VI
Other links
Summary sheet
Roads Rehabilitation VI

Summary sheet

Release date
13 June 2006
Status
Reference
Signed | 22/12/2006
20030153
Project name
Promoter - financial intermediary
Roads Rehabilitation VI
National Administration of Roads within the Ministry of Transport, Constructions and Tourism
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 450 million.
Up to EUR 945 million.
Location
Sector(s)
Description
Objectives

The project consists of the rehabilitation of several sections of about 1100 km of national roads, either on Pan-European Corridors or links to the Corridors.

The project contributes to the rehabilitation of key transit roads in Romania. The associated benefits will comprise vehicle operating cost savings, travel time-savings, safety benefits and savings in routine road maintenance costs.

Environmental aspects
Procurement

Where works include re-profiling and/or realignment of an existing route any environmental impact will be assessed to ensure compliance with environmental regulations applicable within the EU.

All the construction works and design and supervision contracts above the thresholds in the EU procurement directives will be tendered internationally according to the EIB Procurement Guide.

Link to source
Summary sheet
Roads Rehabilitation VI
Other links
Data sheet
ROADS REHABILITATION VI

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 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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