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    Reference: 20190820
    Release date: 14 May 2020

    Promoter – Financial Intermediary

    CANTON OF SARAJEVO

    Location

    Description

    The project will finance the reconstruction, modernisation and extension of the tram line in Sarajevo and the trolley bus network, by purchasing new trolley busses and trams, building new tram lines and tracks. It also includes road components (1st and 9th transversal road and South longitudinal road).

    Objectives

    The aim is improve the urban transport in the Canton of Sarajevo, one of the ten canton of the Federation entity in Bosnia and Herzegovina. The project will improve the network and the level of services for the benefit of both the city and users. The operation supports the EIB's mandate objectives for the Candidate countries, by promoting sustainable and less polluting transport systems and safety investments.

    Comments

    The operation is expected to generate savings in local air/noise emissions as well as a reduction in green-house gas emissions as a result of the expected modal shift of passengers from private road transport to public transport modes or at least help to maintain the modal share of public transport as much as possible.

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 75 million

    Total cost (Approximate amount)

    EUR 185 million

    Environmental aspects

    If situated in the EU, manufacturing trolleybuses and trams does not fall within the scope of the EIA Directive 2011/92/EU; therefore no Environmental Impact Assessment (EIA) is required for those components. During appraisal, the Bank will review the measures to be taken by the promoter in the decommissioning of old trolleybuses and trams, as well as the design and manufacture of new trolleybuses and trams to confirm that best available technologies are applied. In the case of infrastructure components, if situated in the EU, these could fall under Annex II of the EIA Directive and could be subject to screening. For these components, compliance with the requirements of the EIA Directives and the development consents will be reviewed during appraisal.

    Procurement

    The promoter has to ensure that any procurement procedures are done in accordance with the EIB's Guide to Procurement and the relevant applicable EU public procurement rules. In particular, the Bank will require that calls for international tenders be published in the EU Official Journal, as necessary. The EIB will enter into a delegation agreement with the European Bank for Reconstruction and Development (EBRD) for the project procurement of the purchase of trams in line with the Procedural Framework between EIB and EBRD for procurement in joint co-financed public sector.

    Status

    Signed - 17/03/2021

    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

    Bosnia and Herzegovina Transport