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Reference: 20100154
Release date: 27 September 2010

Promoter – Financial Intermediary

State Roads Administration of the Republic of Moldova,
Genral Director V. Panurko, 12-a Bucuria str., MD-2004 Chisinau.

Location

Description

Rehabilitation and upgrading of key national roads sections.

Objectives

The project is expected to generate time savings, reduce vehicle operating costs and improve road safety on two of the most trafficked axes radiating from Chisinau.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 75 million.

Total cost (Approximate amount)

EUR 150 million.

Environmental aspects

The project concerns mainly rehabilitation using the existing right of way. If located in EU, the project would fall under neither Annex I nor Annex II of the EIA directive, therefore not requiring an EIA. The rehabilitation programme launched in 2006, of which the present project is part, was subject to a sector environmental assessment, performed under the supervision of the World Bank.

Procurement

If located in the EU, the promoter would be subject to Directive 2004/18. Following the experience of the first project (Moldova European Roads), the Promoter is well acquainted with the relevant procedures and applies them.

Status

Signed - 23/11/2010

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).

Related tags

Moldova Transport