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Signature(s)

Amount
€ 185,000,000
Countries
Sector(s)
Serbia : € 185,000,000
Transport : € 185,000,000
Signature date(s)
6/10/2023 : € 85,000,000
27/11/2013 : € 100,000,000
Link to source

Summary sheet

Release date
28 May 2013
Status
Reference
Signed | 27/11/2013
20120367
Project name
Promoter - financial intermediary
ROAD REHABILITATION AND SAFETY
Public Enterprise "Roads of Serbia"
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 185 million
EUR 390 million
Location
Sector(s)
Description
Objectives

Rehabilitation and safety improvements of part of the national road network in Serbia.

The project is expected to promote regional and national economic growth, facilitate trade, support private sector development, and ultimately contribute to economic and social cohesion in the country. The project is expected to generate vehicle operating cost and time savings plus reduce accident and local pollution costs.

Environmental aspects
Procurement

The project involves multiple investments generally expected to be performed within existing rights of way; therefore potential negative environmental and social impacts are likely to be minor and temporary. If situated in the EU, the schemes would likely fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and therefore be subject to screening. Given the nature of the proposed works, it is unlikely that that any of the individual investments will require an EIA. Appropriate screening procedures, also in relation to natural habitats, protected species, as well as land acquisition/resettlement will be put in place in collaboration with the other co-financing potential partners (EBRD, IBRD).

The Bank will require the promoter to perform procurement procedures in accordance with the Bank’s Guide to Procurement for public contracting authorities outside the Union and therefore be compliant with the main principles of the relevant EU Directives.

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Link to source

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) - ROAD REHABILITATION AND SAFETY
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
47989142
Document Focus
Environmental Information
Project Number
20120367
Sector(s)
Countries
Publicly available
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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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