Release date: 5 March 2012
Promoter – Financial Intermediary
Romanian National Company of Motorways and National Roads (RNCMNR)
Location
Description
The project consists of the construction of approximately 27.4 km of motorway and a 11 km link road to Lugoj. To the west the motorway will connect to the Timisoara-Lugoj motorway, and to the east to the town of Dumbrava thus forming the first section of the Lugoj-Deva motorway. The project is part of the overall development of priority TEN-T corridor 7.
Objectives
Construction of Lugoj-Deva Motorway – Section Lugoj-Dumbrava
Comments
Under Framework Loan.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 4,6 million
Total cost (Approximate amount)
EUR 202,2 million
Environmental aspects
The project is part of the Strategic Operational Plan-Transport (SOPT-T) which was subject to a strategic environmental assessment following Romanian legislation in accordance with SEA Directive 2001/42/EC. The Environmental report was approved in January 31, 2007. The project falls under Annex I of the Directive 85/337/EEC on Environmental Impact Assessment (EIA) as amended and an EIA has been satisfactorily carried out. The main residual negative impacts of the project are: conversion and permanent loss of agricultural and forest land, additional noise, vibration, visual alteration of the landscape and severance of flora and fauna habitats. A number of mitigation measures have been specified in order to reduce the negative impacts of the project. The motorway crosses only rural lands and does not require any resettlement of persons. The project is therefore acceptable for Bank financing from an environmental point of view.
Procurement
The RNCMNR is a publicly owned company subject to the provisions of the public procurement Directive 2004/18/EC, as transposed into Romanian Law. Procurement commenced in December 2010 with relevant announcements being published in Romania and the OJEU. The procurement of the sub-project is deemed acceptable by the Bank.
Status
Under appraisal - 5/03/2012
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).