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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Serbia : € 80,000,000
    Transport : € 80,000,000
    Signature date(s)
    8/12/2006 : € 80,000,000
    Link to source

    Summary sheet

    Release date
    22 July 2005
    Status
    Reference
    Signed | 08/12/2006
    20040338
    Project name
    Promoter - financial intermediary
    Railways Rehabilitation II
    Public Enterprise “Serbian Railways”
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 80 million.
    Up to EUR 160 million.
    Sector(s)
    Description
    Objectives

    Track rehabilitation of railway lines along Corridor X. Adaptation of structures to allow modern container traffic, as well as modernization of rolling stock.

    Providing higher level of speed and safety, lowering line maintenance costs and enabling the railways to more efficiently handle freight traffic.

    Environmental aspects
    Procurement

    Most of the infrastructure components of the project concern the rehabilitation of existing railway tracks on existing alignments and are not expected to generate any adverse impact on the environment. For some sections where a new alignment is foreseen, the Bank’s services will take care to ensure that proper attention is given to all environmental concerns and appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines.

    Procurement procedures will be on the basis of international competitive bidding with tender publication in the Official Journal of the European Community, in line with the Bank’s guidelines.

    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).

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