Release date: 11 June 2012
Promoter – Financial Intermediary
CITY OF TALLINNLocation
Description
Part-financing of multi-sector investment schemes in Tallinn.
Objectives
The City’s long-term investment strategy aims at modernising the city’s basic infrastructure and improving the quality of public services.
Comments
Sector(s)
- Urban development - Construction
- Transport - Transportation and storage
- Education - Education
- Health - Human health and social work activities
Proposed EIB finance (Approximate amount)
EUR 67 million
Total cost (Approximate amount)
EUR 182 million
Environmental aspects
Estonia has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU Directive and 2001/42/EC). Compliance with the EU Directive on the Energy Performance of Buildings (EU Directive 2002/91/EC) and its recast (2010/31/EU) will be further examined. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.
Procurement
Contracts for the implementation of the project have shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 23/11/2012
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).