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    Reference: 20110627
    Release date: 11 June 2012

    Promoter – Financial Intermediary

    CITY OF TALLINN

    Location

    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)

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Estonia Urban development Transport Education Health