Release date: 17 June 2005
Promoter – Financial Intermediary
Republic of Montenegro.Location
Description
Rehabilitation and construction of water and waste water infrastructure of municipalities.
Objectives
Improved environmental services, reduced public health risks and a positive impact on the region’s attractiveness for tourism.
Comments
Other community, social and personal service activities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 57 million.
Total cost (Approximate amount)
EUR 114 million.
Environmental aspects
Project components will be beneficial to the environment, either by providing better drinking water to the population or by collecting and cleaning wastewaters before discharging into receiving waters. The Bank’s services will take care to ensure that proper attention is given to all environmental concerns and that appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines.
Procurement
Procurement will be in line with EIB procurement guidelines and/or with the other financiers’ guidelines and national law as applicable.
Status
Signed - 3/04/2006
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).