Release date: 2 February 2018
Promoter – Financial IntermediaryREPUBLIC OF CROATIA
The main objective of the project is to achieve compliance with the Urban Wastewater Directive and the Water Framework Directive in the Varazdin agglomeration. The project is co-financed by ESIF (European Structural and Investment Funds) under the Operational Programme Competitiveness and Cohesion and has been reviewed by JASPERS Independent Quality Review (IQR).
The project will contribute to Environmental Protection and Natural Resource Efficiency.
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 10 million
Total cost (Approximate amount)
EUR 92 million
The project's components will contribute to ensure compliance with key EU directives in the water sector notably the Urban Waste Water Treatment Directive (91/271/EC) and the Water Framework Directive (2000/60/EC). Where and if applicable, the requirements of the EIA Directive 2011/92/EU as amended by 2014/52/EU and SEA Directive 2001/42/EC will be respected. The promoter will in such case, prior to utilizing any EIB funds, be responsible for transmitting to the Bank the non-technical summary of the Environmental Impact Assessment (EIA). For any part of the project that may impact on a nature conservation site, the promoter will be required to provide to the Bank an approval of the competent authority and information on the mitigating measures required to comply with the Habitats Directive 92/43/EEC.
The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directives 92/13/EEC and 89/665/EEC) as interpreted by the Court of Justice of the European Union, with publication of tender notices in the Official Journal of the European Union (OJEU), as and where required.
Approved - 9/04/2018
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).