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Summary sheet

Release date
25 July 2025
Status
Reference
Under appraisal | 06/05/2025
20240942
Project name
Promoter - financial intermediary
NAPLES AREA SEISMIC RISK FL
REPUBBLICA ITALIANA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 1400 million
EUR 1754 million
Location
Sector(s)
Description
Objectives

Post-earthquake rehabilitation and seismic resilience improvement of buildings and infrastructure in Naples area.

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).

Environmental aspects
Procurement

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.

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.

Milestone
Under appraisal
Link to source

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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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.
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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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