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    Signature(s)

    Amount
    € 12,500,000
    Countries
    Sector(s)
    Albania : € 12,500,000
    Education : € 12,500,000
    Signature date(s)
    16/10/2006 : € 12,500,000
    Link to source

    Summary sheet

    Release date
    27 March 2006
    Status
    Reference
    Signed | 16/10/2006
    20050645
    Project name
    Promoter - financial intermediary
    Education Development Loan
    Ministry of Education and Science
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 13 million
    EUR 65 million
    Location
    Sector(s)
    Description
    Objectives

    The project will to support implementation of the first phase of Albania’s National Education Strategy 2004-2015. It will focus on improving quality of learning outcomes, expanding the coverage in secondary education and setting the stage for tertiary education reform.

    One of the high priorities of the new Albanian Government is to invest in the education sector. The proposed programme of activities will increase performance of this sector in the coming years , thus contributing to Albania’s future competitiveness and economic and social growth.

    Environmental aspects
    Procurement

    The project components by virtue, inter alia, of their nature, size or location, appear unlikely to have a significant effect on environment. The basis for requesting (or not) an EIA by the competent authorities, the local planning and approval process and actual/possible significant impacts on protected flora and fauna (Habitats’ and Birds’ Directives) will be verified during project appraisal.

    The procurement procedures used by the promoter will be assessed during appraisal in order to ensure that they are in line with the Bank's guidelines and the relevant applicable Community rules.

    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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