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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Serbia : € 75,000,000
    Urban development : € 75,000,000
    Signature date(s)
    12/06/2009 : € 25,000,000
    12/12/2008 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    28 March 2008
    Status
    Reference
    Signed | 12/12/2008
    20080083
    Project name
    Promoter - financial intermediary
    Municipal Infrastructure Loan

    Republic of Serbia, represented by the National Investment Plan Office.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the financing of different multi-sector investment schemes mainly in the fields of transport and local/regional roads, education, cultural and historical heritage and public buildings rehabilitation. 

    The project will enhance the conditions for economic growth throughout the country and improve the urban environment.

    Environmental aspects
    Procurement

    All the sub-projects will be required to be in line with EU environmental policy.  In particular, compliance with the substance of EIA directive 85/337/EED as amended will be verified during appraisal.

    Procurement procedures of chosen sub-projects will have to comply with EIB’s Guide to Procurement based on EU Directives.  Under these hypotheses, all the financed projects above the EU thresholds will have to be published in the OJEC.  All the details about procurement will be checked during appraisal.

    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).

    News & Stories

    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.

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    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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