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The project is a multi-sector framework loan to finance sub-projects of municipal infrastructure. The investments identified at this stage are in the fields of public infrastructure (roads, pedestrian spaces, etc.), cultural facilities and heritage, health, social facilities and environmental protection. A part of the sub-projects will probably be complemented by EU grant support from the Structural Funds in the 2007-2013 programming period.
The project will promote favourable conditions for economic and social development in a Convergence objective region.
The project refers to a multi-sector operation classified as a Framework Loan and some of the schemes may fall under Annex I or Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. It will be required that all the schemes will be implemented in compliance with the EU environmental legislation.
The promoter as a public administration entity is required to follow the EU public procurement rules (2004/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.