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Signature(s)

Amount
€ 1,132,000,000
Countries
Sector(s)
Lithuania : € 1,132,000,000
Water, sewerage : € 113,200,000
Transport : € 226,400,000
Education : € 226,400,000
Composite infrastructure : € 566,000,000
Signature date(s)
13/03/2009 : € 113,200,000
13/03/2009 : € 226,400,000
13/03/2009 : € 226,400,000
13/03/2009 : € 566,000,000
Link to source

Summary sheet

Release date
26 January 2009
Status
Reference
Signed | 13/03/2009
20070534
Project name
Promoter - financial intermediary
EU Funds co-financing 2007-2013 (LT)

Republic of Lithuania

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 1 132 million.
Up to EUR 9 564 million.
Description
Objectives

Co-financing of priority investments in the Republic of Lithuania under the 2007-2013 National Strategic Reference Framework (NSRF) and selected Cohesion Fund (CF) Projects under implementation from 2004-2006 programming period, to be completed by 2010.

The project will assist Lithuania in achieving further convergence in the levels of economic and social development with the rest of the EU.

Environmental aspects
Procurement

The project will have a number of effects on the environment, including reduction of pollution, environmental protection, etc. The Bank will require from the promoter to act according to the provisions of the relevant EU directives, including SEA, EIA, Habitats and Birds Directives.

The promoter is required to follow the EU public procurement rules including publication of contract notices in the EU Official Journal, if and where appropriate. Projects with values below the EU thresholds will be procured according to national legislation.

Related projects
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).

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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