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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Montenegro : € 20,000,000
    Water, sewerage : € 4,000,000
    Transport : € 16,000,000
    Signature date(s)
    10/10/2012 : € 4,000,000
    10/10/2012 : € 16,000,000

    Summary sheet

    Release date
    13 February 2012
    Status
    Reference
    Signed | 10/10/2012
    20100683
    Project name
    Promoter - financial intermediary
    Urgent Flood Relief and Prevention

    Republic of Montenegro

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 25 million
    EUR 30 million
    Description
    Objectives

    The project would contribute to repairing and reconstructing the major damage to the public infrastructure (roads, bridges, water supply, hydraulic infrastructure, etc.) caused by the exceptional rainfall and flooding of November and December 2010.

    Re-establish the conditions for economic growth and sustainable development, prevent similar disasters by addressing key risks as well as supporting social cohesion and job creation.

    Environmental aspects
    Procurement

    As an official candidate country for membership to the European Union, the promoter is required to implement all the schemes in compliance with relevant EU environmental and social legislation and principles.

    Procurement procedures will be consistent with the Bank’s Guidelines to Procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - URGENT FLOOD RELIEF AND PREVENTION
    Publication Date
    22 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    69393984
    Document Focus
    Environmental Information
    Project Number
    20100683
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - URGENT FLOOD RELIEF AND PREVENTION
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    88530639
    Document Focus
    Environmental Information
    Project Number
    20100683
    Countries
    Publicly available
    Download now

    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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