Release date: 15 June 2004
Promoter – Financial Intermediary
Serbia and Montenegro Air Traffic Services Agency, Limited (SMATSA, LTD.)Description
The project comprises the comprehensive rehabilitation and modernisation of the Air Traffic Control (ATC) infrastructure of Serbia and Montenegro, thus securing its conformity with ICAO standards and EUROCONTROL plans for coordinating and integrating Central and Eastern European air traffic control services.
Objectives
The project will restore the level of safety and efficienty required by a unified European ATC network.
Comments
Air transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 36m.
Total cost (Approximate amount)
Approximately EUR 100m.
Environmental aspects
The project is expected to have a negligible effect on the environment. All project elements will be installed in built up areas or are replacing already existing equipment and buildings.
Procurement
EIB procedures for international procurement will be applied, where applicable.
Status
Signed - 10/06/2005
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).