Release date: 26 November 2004
Promoter – Financial Intermediary
Republic of LatviaLocation
Description
Co-financing of projects and schemes under the 2004-2006 Single Programming Document (for Structural Funds) and Cohesion Fund Reference Framework for 2004-2006.
Objectives
Complementing European Union’s grant support under the Cohesion and Structural Funds to accelerate the implementation of the SPD and Cohesion Fund strategies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 M.
Total cost (Approximate amount)
Estimated at approx. EUR 1090 M.
Environmental aspects
Latvia has harmonised its environmental legislation in line with the environmental standards mandated by relevant EU Directives. All schemes that may benefit from the Bank’s support need to fully comply with the EU requirements, especially with regards to environmental impact assessment issue and for projects located in environmentally sensitive areas.
Procurement
Latvia has harmonised its legislation on procurement in line with the relevant EU Directives. The promoter is required to respect national and European legislation applicable to public authorities procurement.
Status
Signed - 29/09/2005
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).