Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Summary sheet

Release date
26 September 2022
Status
Reference
Approved | 24/11/2022
20210460
Project name
Promoter - financial intermediary
DEVT OF WATER INFRA-KASTELA-TROGIR(SPL-20140375)
MINISTRY OF REGIONAL DEVELOPMENT AND EUROPEAN UNION FUNDS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 19 million
EUR 167 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project will contribute to the improvement of water status by developing an efficient wastewater collection and treatment in the area of Kaštela-Trogir. This will contribute to the socio-economic development of the region reducing barriers for commercial and tourism development and enabling additional jobs and income to be generated from economic activities.

The project contributes to environmental protection and natural resource efficiency.

Additionality and Impact

The project aims at supporting investments in water and sanitation infrastructure, in order to improve the coverage, quality and resilience of integrated water services in several regions across Croatia. In doing so, the projects will contribute to ensuring compliance with key European policy and regulations in the water sector, also with national water legislation, thereby supporting the Bank's Policy Objective on Sustainable Energy and Natural Resources. The projects will also contribute towards the Bank's Policy Objective of Climate Action and Environmental Sustainability. The projects will address a number of market failures including those associated with unaccounted for externalities and information failures, generating environmental and public health benefits, notably through a more rational use of water and energy resources, improvements in the quality of recipient waters and improved resilience to the impacts of climate change. The proposed investments will increase employment opportunities, and will also contribute to improve the attractiveness of Croatia as a sustainable touristic destination. Finally, the project will create economic opportunities for the population and local businesses in a less developed region according to EU Cohesion Policy, thus contributing to the EU's economic social and territorial cohesion. These benefits would not be realised to the same extent without public intervention. JASPERS contribution with technical expertise and advice has been made available to the Promoter.


The EIB's involvement will facilitate the absorption of EU Structural funds by securing national co-financing contributions of EU funded projects in Croatia. The EIB financing provides an essential financial contribution in the form of financial advantage that is currently not available in the market.

Environmental aspects
Procurement

The project's components contribute to ensure compliance with key EU directives in the water sector, notably the Drinking Water Directive 98/83/EC, Urban Waste Water Treatment Directive (91/271/EC) and the Water Framework Directive (2000/60/EC). Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by 2014/52/EU and Strategic Environmental Assessment (SEA) Directive 2001/42/EC will be respected. The promoter will in such case, prior to utilising any EIB funds, be responsible for transmitting to the Bank the non-technical summary of the EIA. For any part of the project that may impact on a nature conservation site, the promoter will be required to provide to the Bank an approval of the competent authority and information on the mitigating measures required to comply with the Habitats Directive 92/43/EEC.

The Bank requires the promoter to ensure that contracts for implementation of the project be tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Related projects

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) - DEVT OF WATER INFRA-KASTELA-TROGIR(SPL-20140375)
Publication Date
28 Nov 2022
Document language
Main Topic
Lending
Document Number
164703920
Document Focus
Environmental Information
Project Number
20210460
Sector(s)
Regions
Countries
Publicly available
Download now

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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.

Related publications