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    Reference: 20220846
    Release date: 9 November 2023

    Promoter – Financial Intermediary

    IS CALEA FERATA DIN MOLDOVA

    Location

    Description

    The project will finance the rehabilitation of selected elements of the existing railway infrastructure in the corridor Valcinet - Balti - Ungheni - Chisinau - Cainari, in particular it concerns the track renewal on the existing alignment.

    Objectives

    The aim of this project is to improve the connection from the northern border of Moldova to the line Bender / Basarabeasca / Etulia / Giurgiulesti, in combination with another ongoing rehabilitation project. Both projects will improve the transport capacity throughout the north-south railway corridor in Moldova, from the northern border with Ukraine to the ports of Reni (Ukraine), Giurgiulesti (Moldova) and Galati (Romania).

    Sector(s)

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    Proposed EIB finance (Approximate amount)

    EUR 42 million

    Total cost (Approximate amount)

    EUR 119 million

    Environmental aspects

    If situated in the EU, the project may have fallen within Annex II of the Environmental Impact Assessment (EIA) Directive and, therefore, be subject to screening by Competent Authority. The compliance of the procedures in place with the EIB environmental and social standards, including the need of an EIA and of assessment of potential impacts on protected sites will be further analysed during the appraisal.

    Procurement

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

    Status

    Signed - 15/12/2023

    Milestone
    Under appraisal
    Approved
    Signed
    13 December 2023
    15 December 2023

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Moldova, Republic of Transport