Release date: 26 November 2010
Promoter – Financial Intermediary
Ministry of Agriculture, Forestry and Water Management of Republika Srpska
The project involves inventory of flood damages to flood protection infrastructure within the RS's main Danube tributaries, preparation of a Flood Risk Management and Flood Prevention plan including the identification of short, mid and long term measures and finally implementation of priority works for the remedy, repair and rehabilitation of damaged infrastructure in the most vulnerable areas. Aspects of spatial planning, redevelopment of flood areas and long and mid term flood prevention measures are also included.
The project purpose is to safeguard the agriculture, industrial and housing areas prone to flood impacts and to enable a stable future development. The continuous use of agriculture land will be effected and the spatial planning, finally being based on a stable situation of flood protection and prevention, will be able to focus on establishing protection zones and protected areas in accordance with the EC Directives. The project is expected to contribute to a stable and reliable flood protection in RS, protecting the environment and the people, in compliance with the requirements of the EC Flood Directive.
Proposed EIB finance (Approximate amount)
EUR 74 million
Total cost (Approximate amount)
At least EUR 98 million
The project is environmentally driven. Enhanced protection and prevention levels will reduce contamination of the environment by septic tanks, sewerage, oil spills etc.
The promoter will have to ensure satisfactory application of the Bank’s Guide to Procurement and relevant EU rules, which will require international tendering, including publication in the OJEC, for large contracts.
Signed - 27/10/2011
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).