Release date: 8 October 2002
Promoter – Financial Intermediary
City of BelgradeDescription
Reconstruction and upgrading of part of the principal street network in Belgrade. The project also concerns investments to improve the traffic control system, as well as the reconstruction of tramlines and a new trolley bus depot.
Objectives
Structural investments in the public transport system are of crucial importance to improve the day-to-day life of more than 1.7 million inhabitants thus reducing the traffic congestion and the resulting pollution.
Comments
Urban Transport and road rehabilitation
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 40 million
Total cost (Approximate amount)
About EUR 90 million
Environmental aspects
The Project should be beneficial for the Environment of Belgrade in general and no major environmental risks are foreseen at this stage because the selected investments concern the extension or upgrade of existing infrastructure.
Procurement
EIB procedures for international procurement would be applied, where applicable.
Status
Signed - 17/06/2003
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).