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Latvian transport infrastructure

Summary sheet

Release date
27 August 2002
Status
Reference
Signed | 23/12/2002
20020079
Project name
Promoter - financial intermediary
Latvian transport infrastructure
Ministry of Transport
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
In the order of EUR 35 million
In the order of EUR 100 million
Location
Sector(s)
Description
Objectives

Upgrading/rehabilitation of road schemes, including major national roads and internationally recognised corridors (e.g. Via Baltica).

The project will accelerate improvements on roads of key importance for the Latvian economy, bringing them to EU standards and facilitating the country's European integration.

Environmental aspects
Procurement

Environmental issues have received and will receive special attention. It will be ensured that all schemes meet the requirements of the Law on Environmental Impact Assessment (13 Nov 1998), under which individual road schemes are presented to the Ministry of the Environment for assessment of the need to conduct an EIA, and the requirements of the relevant EU directives in line with the Accession negotiations.

Open competitive bidding, with publication in the Official Journal of the EU for contracts of a value in excess of EUR 5 million and/or ISPA rules where relevant.

Link to source
Summary sheet
Latvian transport infrastructure

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).

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