Release date: 28 March 2007
Promoter – Financial Intermediary
CESFEL (Centro servizi finanziari dell'Emilia-Romagna)Location
Description
Infrastructure schemes supporting sustainable development of small to medium-sized local authorities located in the Emilia Romagna Region.
Objectives
Those investments include mostly safety and environmental enhancements in the local road network, upgrading of primary and secondary school services (school buildings), improvements of the urban environment and sustainable urban renewal.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
EUR 600 million.
Environmental aspects
The relevant European directives have been transposed into regional law and the promoters are required to follow them. The Bank will request in particular that the rules for EIA and natural reserve are strictly adhered to.
Procurement
The promoter and final beneficiaries follow European procurement procedures.
Status
Signed - 5/10/2007
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).