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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Croatia : € 25,000,000
    Water, sewerage : € 5,000,000
    Transport : € 7,500,000
    Composite infrastructure : € 12,500,000
    Signature date(s)
    15/09/2011 : € 5,000,000
    15/09/2011 : € 7,500,000
    15/09/2011 : € 12,500,000
    Link to source

    Summary sheet

    Release date
    7 September 2009
    Status
    Reference
    Signed | 15/09/2011
    20090035
    Project name
    Promoter - financial intermediary
    Island Infrastructure Facility
    Ministry of Sea, Transport and Infrastructure
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million.
    EUR 100 million.
    Description
    Objectives

    The project concerns the financing of multi-sectoral investment schemes in the context of the Islands Act and based on principles of the National Island Development Programme (NIDP); both are strategic documents for the islands’ sustainable development.

    The project is expected to comprise small-sized schemes in the fields of municipal infrastructure (including water, sewerage and electricity supply), social infrastructure and environmental protection, to be implemented over the period 2010-2013, and will benefit 58 local communities in 7 coastal-island counties.

    Environmental aspects
    Procurement

    The promoter will be required to comply with the provisions of EU environmental legislation (namely SEA, EIA and nature conservation areas; respectively Directives 2001/42/EC, 85/337/EEC as amended, 92/43/EEC and 79/409/EEC). The transposition of EU Directive on Energy Performance of Buildings directives (2002/91/EU) will be assessed.

    The projects will be small and procurement will comply with national regulations. Where necessary, EU procurement protocols will be followed (Directives 2004/17/EC and 2004/18/EC).

    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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