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Signature(s)

Amount
€ 12,718,558
Countries
Sector(s)
Greece : € 12,718,558
Solid waste : € 12,718,558
Signature date(s)
10/06/2015 : € 12,718,558
Link to source

Summary sheet

Release date
31 January 2012
Status
Reference
Signed | 10/06/2015
20110280
Project name
Promoter - financial intermediary
W Macedonia SWM PPP

Diacheirisis Aporrimaton Ditikis Makedonias SA (DIADYMA)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 40 million
Location
Sector(s)
Description
Objectives

The project comprises the design, construction, operation and maintenance of a waste treatment and disposal facility in the area of West Macedonia.

The project will provide an improved mode of treatment of residual waste generated in the region, which currently is disposed in landfills. In addition to contributing to diversion of waste from landfill disposal in line with EU and national policy, the project will enable some recycling and recovery of waste. The project will also contribute to reduction of greenhouse gas emissions by diversion of waste from landfills, and thus be in line both with EU policy and the Bank’s policies and lending priorities of climate change mitigation.

The project is eligible for EIB financing under Article 309 c) of the Treaty as an environmental and possibly energy project of common interest. Being a convergence region, the Project is also eligible under Article 309 a) projects for developing less-developed regions.

Environmental aspects
Procurement

The project consists primarily of a waste treatment facility that will enable diversion of residual waste from landfills and some recovery of recyclables and possibly energy generation from the residual waste stream. The project will thus contribute to reaching compliance with EU policy and targets on landfill diversion and recycling, and will also contribute to climate change mitigation. The facilities will be constructed next to a site where a sanitary landfill has been operated since 2005.

Procurement is carried out through restricted international competitive tendering, in accordance with Greek PPP regulations and in line with the EU Public Procurement Directive (2004/18/EC). A shortlist of bidders has recently been announced and final bid submission will take place in 1H12. The preferred bidder is expected to implement the project through a turn key contract for implementation of the waste treatment facility and a sub-contract for operation and maintenance of the project facilities.

Link to source
Summary sheet
Other links

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).

Documents

Environmental and Social Data Sheet (ESDS) - W MACEDONIA SWM PPP
Publication Date
25 Jan 2014
Document language
Main Topic
Lending
Document Number
46733782
Document Focus
Environmental Information
Project Number
20110280
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - W MACEDONIA SWM PPP
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
88393303
Document Focus
Environmental Information
Project Number
20110280
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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