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    Reference: 20200537
    Release date: 2 October 2020

    Promoter – Financial Intermediary

    IS ADMINISTRATIA DE STAT A DRUMURILOR

    Location

    Description

    Rehabilitation and upgrade of priority Trans-European Transport Network (TEN-T) road sections and implementation of road safety measures on selected road segments.

    Objectives

    The project will support the rehabilitation and upgrade of priority TEN-T road sections and implementation of road safety measures on selected road segments of three main roads: M2, M3 and M5. Project components largely form part of the Eastern Partnership (EaP) Investment Plan agreed with the European Commission in 2019. In addition to the financing of capital investment, the Framework Loan will also be catalytic to the deployment of technical assistance (TA) resources for the preparation of a pipeline of investments deriving from the TEN-T and the indicative TEN-T investment action plan.

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 150 million

    Total cost (Approximate amount)

    EUR 300 million

    Environmental aspects

    Compliance with EIB Environmental and Social Standards and requirements of the relevant environmental and social legal framework in the Republic of Moldova will be assessed during appraisal of individual scheme allocation.

    Procurement

    The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

    Status

    Approved - 15/09/2021

    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

    Moldova, Republic of Transport