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Summary sheet

Release date
5 March 2012
Status
Reference
Under appraisal | 05/03/2012
20110288
Project name
Promoter - financial intermediary
Construction of Timisoara-Lugoj Motorway & Bypass

Romanian National Company of Motorways and National Roads (RNCMNR)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25.6 million
EUR 209.9 million
Location
Sector(s)
Description
Objectives

The project consists of the construction of approximately 25.6 km motorway and a 9.5 km bypass of Timisoara to motorway standards. The two project roads form a continuous section of motorway of total length 35.1 km. To the west the project will connect with the Timisoara – Arad motorway, now under construction, and on the east to the first section of the Lugoj-Deva motorway. The project is part of the overall development of priority TEN-T corridor 7.

Construction of Timisoara-Lugoj Motorway & Bypass

Environmental aspects
Procurement

The project is part of the Strategic Operational Plan-Transport (SOP-T) which was subject to a strategic environmental assessment following Romanian legislation in accordance with SEA Directive 2001/42/EC. The Environmental report was approved in January 31, 2007. The project falls under Annex I of the EIA directive and an Environmental Impact Assessment has been satisfactorily carried out. The main residual negative impacts of the project are: conversion and permanent loss of agricultural and forest land, additional noise, vibration, visual alteration of the landscape and severance of flora and fauna habitats. A number of mitigation measures have been specified in order to reduce the negative impacts of the project both during construction and operation. The project is therefore acceptable for Bank financing from an environmental point of view.

The RNCMNR is a publicly owned company subject to the provisions of the public procurement Directive 2004/18/EC, as transposed into Romanian Law. Procurement commenced in December 2010 with relevant announcements being published in Romania and the OJEU. The procurement of the sub-project is deemed acceptable by the Bank.

Comments

Under Framework Loan.

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) - TIMISOARA-LUGOJ MOTORWAY (FL20080170)
Publication Date
23 Apr 2015
Document language
Main Topic
Lending
Document Number
58590241
Document Focus
Environmental Information
Project Number
20110288
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - TIMISOARA-LUGOJ MOTORWAY (FL20080170)
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
73856715
Document Focus
Environmental Information
Project Number
20110288
Sector(s)
Regions
Countries
Publicly available
Download now

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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.
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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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