Release date: 16 August 2001
Promoter – Financial Intermediary
National Administration of Roads (NAR) in the Ministry of Public Works, Transport and Housing.
Location
Description
The project is likely to comprise the rehabilitation of six sections of road totaling about 750 km of the Romanian network. It represents a continuation of the four previous roads rehabilitation projects funded by the Bank in Romania. The selected schemes form part of or provide access to the Pan-European Corridors IV and IX and/or the TINA network.
Objectives
The rehabilitation of six sections of road totalling about 750 km of the Romanian network.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 240 million
Total cost (Approximate amount)
EUR 480 million
Environmental aspects
Rehabilitation works of existing road infrastructure are not expected to generate significant impacts on the environment as the works are usually confined to within existing road boundaries. Where works include re-profiling and/or realignment of an existing route any environmental impact will be assessed to bring in line with EU environmental regulations. Procedures for the implementation of environmental legislation will also be reviewed.
Procurement
Procurement will be undertaken in line with the Bank’s procedures.
Status
Signed - 8/03/2002
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).