Signature(s)
Summary sheet
The project concerns different investment schemes in Syrian municipalities, with special emphasis on improving the current urban infrastructure. The investments mainly cover the fields of urban renewal, urban traffic and transport, public tourist facilities, wastewater and solid waste management.
The project aims to improve priority infrastructure and the quality of local life in Syrian municipalities, to increase competitiveness and promote local economic growth.
The Promoter will be required to implement all investment schemes under this loan in compliance with the substance of EU environmental legislation (namely EIA, nature conservation areas and energy performance of buildings (EPBD)). Proposals for environmental monitoring will be reviewed by the Bank and the Bank will monitor the process closely during implementation.
National and international procurement is envisaged, in line with the relevant EU procurement directives and the Syrian procurement law. The Finance Contract will include standard clauses covering the procurement aspects and obligations in line with EIB Procurement Guidelines. The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement.
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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