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    Signature(s)

    Amount
    € 31,955,000
    Countries
    Sector(s)
    Estonia : € 31,955,000
    Transport : € 31,955,000
    Signature date(s)
    19/11/2008 : € 31,955,000

    Summary sheet

    Release date
    10 April 2008
    Status
    Reference
    Signed | 19/11/2008
    20070051
    Project name
    Promoter - financial intermediary
    Tallinn Municipal Infrastructure

    City of Tallinn

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 64 million.
    EUR 168 million.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of financing small and medium sized road improvement schemes forming part of the Municipality’s four-year investment programme from 2008 to 2011.

    The road enhancement and reconstruction schemes will be located within the City of Tallinn, a Convergence objective region. The project will promote favourable conditions for economic and social development in line with the Bank’s criteria on sustainable cities.

    Environmental aspects
    Procurement

    Compliance with EU environmental directives and national laws shall be ensured. The Bank’s appraisal will focus on the Promoter’s environmental management capacity and on the verification of the respect of their proper application both for the global programme and for each of the selected road schemes, including undertakings of SEA/EIA’s and an assessment of the requirements of the Habitat and Bird Directives where appropriate. All relevant key documents for the project will be published, in line with public disclosure and information policy of the Bank.

    Compliance with the EU procurement Directives (namely 2004/18/EC and 2004/17/EC) and national laws shall be ensured. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds. Proper application of EU procedures by the Estonian authorities for the tender of services, supplies and civil works will be reviewed by the Bank’s services during appraisal.

    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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