Release date: 25 July 2025
Promoter – Financial Intermediary
REPUBBLICA ITALIANALocation
Description
Post-earthquake rehabilitation and seismic resilience improvement of buildings and infrastructure in Naples area.
Objectives
The Project is a framework loan to support post-earthquake rehabilitation and seismic resilience improvement of buildings and infrastructure in Naples area. The earthquake events occurred since May 2024 caused severe damages to buildings and infrastructure in the Phlegraean Fields area, a volcanic area falling under the municipalities of Naples, Pozzuoli and Bacoli. Investments include the rehabilitation of private residential buildings damaged by the seismic events since May 2024. The damage repair is coupled with investments aiming at strengthening the seismic resilience of private residential buildings, public buildings (primarily schools) and infrastructure (roads and other key civil infrastructure).
Sector(s)
- Composite infrastructure - Construction
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 1400 million
Total cost (Approximate amount)
EUR 1754 million
Environmental aspects
The Bank will require the Promoter to act according to the provisions of the relevant EU legislation, mainly SEA Directive (2001/42/EC), EIA Directive (2011/92/EU, as amended by 2014/52/EU), Habitats Directive (92/43/EEC), Birds Directive (2009/147/EC) and Energy Performance of Building Directive (2010/31/EU) as amended by EU/2024/1275 and national legislation. The contribution to climate action (adaptation and mitigation) and environmental sustainability will be assessed during the appraisal.
Procurement
The Bank will require the Promoter to ensure that contracts for implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC and Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Under appraisal - 6/05/2025