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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Moldova : € 75,000,000
    Transport : € 75,000,000
    Signature date(s)
    23/11/2010 : € 75,000,000

    Summary sheet

    Release date
    27 September 2010
    Status
    Reference
    Signed | 23/11/2010
    20100154
    Project name
    Promoter - financial intermediary
    Moldova Roads II

    State Roads Administration of the Republic of Moldova,
    Genral Director V. Panurko, 12-a Bucuria str., MD-2004 Chisinau.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million.
    EUR 150 million.
    Location
    Sector(s)
    Description
    Objectives

    Rehabilitation and upgrading of key national roads sections.

    The project is expected to generate time savings, reduce vehicle operating costs and improve road safety on two of the most trafficked axes radiating from Chisinau.

    Environmental aspects
    Procurement

    The project concerns mainly rehabilitation using the existing right of way. If located in EU, the project would fall under neither Annex I nor Annex II of the EIA directive, therefore not requiring an EIA. The rehabilitation programme launched in 2006, of which the present project is part, was subject to a sector environmental assessment, performed under the supervision of the World Bank.

    If located in the EU, the promoter would be subject to Directive 2004/18. Following the experience of the first project (Moldova European Roads), the Promoter is well acquainted with the relevant procedures and applies them.

    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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    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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