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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Croatia : € 25,000,000
    Solid waste : € 1,500,000
    Education : € 3,000,000
    Health : € 3,000,000
    Urban development : € 17,500,000
    Signature date(s)
    18/10/2011 : € 1,500,000
    18/10/2011 : € 3,000,000
    18/10/2011 : € 3,000,000
    18/10/2011 : € 17,500,000

    Summary sheet

    Release date
    12 July 2011
    Status
    Reference
    Signed | 18/10/2011
    20110285
    Project name
    Promoter - financial intermediary
    Mainland Infrastructure Facility

    The Ministry of Regional Development, Forestry and Water Management of Croatia

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 50 million
    Description
    Objectives

    The project will comprise a large number of small-sized schemes in the field of energy, transport, urban renewal, education, health and environmental protection.

    Addressing of the long-term needs of the Croatian economy and reduction of its regional inequalities in line with the country’s Act on Regional Development and National Strategy. Development of human capital, efficient public services and economic and social infrastructure, in line with the three pillars (economic, social and environmental) of the Europe 2020 Strategy.

    Environmental aspects
    Procurement

    The project is a multi-sector, multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex I or Annex II of EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Should any scheme have a negative impact on an area forming part of the Natura 2000 network or similar (i.e. falling under Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into national law. It will be required that all the schemes will be implemented in compliance with the EU environmental legislation.

    The legal documentation will oblige the promoter to ensure that any procurement procedures are done in accordance with EIB Guidelines and the relevant applicable EU rules. Procurement procedures under this Framework Loan will include publication of contracts notices in the EU Official Journal, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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