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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Latvia : € 400,000,000
    Education : € 40,000,000
    Health : € 40,000,000
    Energy : € 40,000,000
    Services : € 120,000,000
    Composite infrastructure : € 140,000,000
    Signature date(s)
    17/03/2015 : € 10,000,000
    4/12/2019 : € 10,000,000
    17/03/2015 : € 20,000,000
    17/03/2015 : € 20,000,000
    17/03/2015 : € 20,000,000
    4/12/2019 : € 20,000,000
    4/12/2019 : € 20,000,000
    4/12/2019 : € 20,000,000
    17/03/2015 : € 60,000,000
    4/12/2019 : € 60,000,000
    17/03/2015 : € 70,000,000
    4/12/2019 : € 70,000,000
    Link to source

    Summary sheet

    Release date
    15 September 2014
    Status
    Reference
    Signed | 17/03/2015
    20130674
    Project name
    Promoter - financial intermediary
    EU FUNDS CO-FINANCING 2014-2020 (LV)
    REPUBLIC OF LATVIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 400 million
    EUR 6723 million
    Location
    Sector(s)
    Description
    Objectives

    Co-financing with EU structural and investment funds of priority investments in the Republic of Latvia in the 2014-2020 programming period. The structural programme loan will support schemes under the operational programmes in growth and employment and rural development.

    The structural programme loan (SPL) will support the Latvian operational programmes in growth and employment and rural development for the 2014-2020 programming period.

    Environmental aspects
    Procurement

    Latvia, as an EU Member State, has transposed the relevant EU Directives 2011/92/EU Directive and 2001/42/EC into the national environmental legislation. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the EU Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the EU Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives, where appropriate. All relevant key documents for the project will be published, in line with the Bank's disclosure policy.

    The Bank will require the promoter, as a public administration entity, 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. 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank's services during appraisal.

    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) - EU FUNDS CO-FINANCING 2014-2020 (LV)
    Publication Date
    11 Dec 2014
    Document language
    Main Topic
    Lending
    Document Number
    56476136
    Document Focus
    Environmental Information
    Project Number
    20130674
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (LV) - Strategic Environmental Assessement for the OP Rural Development
    Publication Date
    12 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    56558129
    Document Focus
    Environmental Information
    Project Number
    20130674
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (LV) - Strategic Environmental Assessment
    Publication Date
    14 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    56562536
    Document Focus
    Environmental Information
    Project Number
    20130674
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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