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.
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.
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).
News & Stories
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.
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.