Release date: 18 May 2006
Promoter – Financial Intermediary
Municipality of KozaniLocation
Description
The loan will be used for financing investments covering a variety of sub-projects in municipal infrastructure, including water supply, sewerage treatment, district heating and the eligible schemes within the Kozani alternate urban planning zone.
Objectives
The schemes reflect prevailing priorities in the municipality's investment programme designed to modernise and extend urban infrastructure and improve the quality of life of its residents. The investments will improve the competitiveness of Kozani as a major regional centre within Greece and the Balkans bringing, as a result, further economic benefits in the future.
Comments
Public administration
Sector(s)
Proposed EIB finance (Approximate amount)
Of the order of EUR 20 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The project should have an overall positive environmental impact. Compliance with all applicable national and EU environmental legislation will be verified during appraisal.
Procurement
EU directives are applicable.
Status
Signed - 5/06/2007