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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Bulgaria : € 50,000,000
    Transport : € 50,000,000
    Signature date(s)
    8/10/2013 : € 50,000,000

    Summary sheet

    Release date
    4 April 2013
    Status
    Reference
    Signed | 08/10/2013
    20110595
    Project name
    Promoter - financial intermediary
    SOFIA MUNICIPAL ROADS REHABILITATION
    Sofia Municipality
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 100 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the financing of rehabilitation and expansion of urban road infrastructure and public transport network investments aiming at improving traffic flow and safety on key road sections of main traffic arteries.

    The project will enhance the local road and transport network of the city, contributing to alleviate its growing traffic and reduce the related levels of congestion, pollution, and traffic-related accidents. In addition, the project will increase the efficiency and quality of public transport services in Sofia and thereby support sustainable transport solutions in line with EU objectives.

    Environmental aspects
    Procurement

    The project is an investment loan, with small-sized investments on the local road and transport network. The investments would most likely fall outside both Annex I and II of the EU Environmental Impact Assessment (EIA) Directive, however this screening will be performed by the Competent Authority on a case-by-case basis. The applicability of EIA Directive 2011/92/EU, SEA directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC will be reviewed at appraisal, in particular for the extension of roads.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC or 2004/18/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.

    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) - SOFIA MUNICIPAL ROADS REHABILITATION
    Publication Date
    2 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    48048259
    Document Focus
    Environmental Information
    Project Number
    20110595
    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.
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