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        COHESION & STRUCTURAL FUNDS FRAMEWORK

        Signature(s)

        Amount
        € 80,000,000
        Countries
        Sector(s)
        Cyprus : € 80,000,000
        Transport : € 24,000,000
        Solid waste : € 24,000,000
        Composite infrastructure : € 32,000,000
        Signature date(s)
        10/06/2005 : € 24,000,000
        10/06/2005 : € 24,000,000
        10/06/2005 : € 32,000,000
        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - for Solid Waste Transfer Station - Ormedia - EL

        Summary sheet

        Release date
        3 December 2004
        Status
        Reference
        Signed | 10/06/2005
        20040119
        Project name
        Promoter - financial intermediary
        Structural & Cohesion Funds Framework Facility
        Central Government departments of the Republic of Cyprus and local government and private sector agents.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Of the order of EUR 80 m
        Of the order of EUR 210 m
        Location
        Sector(s)
        Description
        Objectives

        Co-financing of investments included in Cyprus’s Single Programming Document (SPD) and the Cohesion Fund Reference Framework (CFRF) for the period 2004-2006.

        The operation is complementary to the EU’s grant support from the Cohesion and Structural Funds and aims at both facilitating and accelerating the implementation of investments, directed at the development of the Cypriot economy and its speedy integration into the EU.

        Environmental aspects
        Procurement

        Cyprus has been harmonising its environmental legislation in line with environmental standards mandated by the relevant EU Directives. All schemes that may benefit from EU support and financing under the EIB Facility would need to fully comply with the EU requirements and follow the procedures required/agreed during the Accession negotiations.

        The promoter’s procurement procedures comply with the provisions of the relevant EU Directives, requiring international open tender.

        Comments

        Transport, Environment and other sectors of economic activity.

        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - for Solid Waste Transfer Station - Ormedia - EL

        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).

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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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        Related publications