Reference: 20140375
Release date: 8 October 2014

Promoter – Financial Intermediary

Republic of Croatia

Location

Description

The project aims at co-financing schemes in Croatia supported by European Structural and Investment Funds during the programming period 2014-2020 under a Structured Programme Loan (SPL).

Objectives

The operation will support priority investments in Croatia mainly in the sectors of transport infrastructure, waste and water management, environmental protection and other public-sector infrastructure under the Competitiveness and Cohesion operational programme, thereby backing the country's convergence efforts towards compliance with the EU legislation in these sectors.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 600 million

Total cost (Approximate amount)

EUR 8095 million

Environmental aspects

Croatia, as an EU Member State, has transposed the relevant EU directives 2011/92/EU and 2001/42/EC into national environmental legislation. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the EU Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the EU Environmental Impact Assessment (EIA) Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives, where appropriate. All relevant key documents for the project will be published, in line with the Bank's disclosure policy.

Procurement

The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/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. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. Details to be reviewed by the Bank's services during appraisal.

Status

Signed - 30/03/2015

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

Croatia Composite infrastructure