Release date: 7 October 2009
Promoter – Financial Intermediary
Albanian Development FundLocation
Description
The project is part of an ongoing programme of rehabilitation of secondary and local roads which includes design, construction and supervision in Albania.
Objectives
Improve the secondary and local road network.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 137 million
Environmental aspects
The proposed sub-projects of the project are road rehabilitations within existing servitude and to a minor extent small-scale construction of new road sections. The environmental impact is thus expected to be minor. Compliance with EU EIA Directive (Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC) and Directive 2001/42/EC of Strategic Environmental Assessment (SEA) will be further appraised, as will compliance to the Habitats and Birds Directives 92/43/EEC and 74/409/EEC respectively.
Procurement
The Bank will require the promoter to ensure that contracts for implementation of the project are procured in accordance with the principles of the relevant applicable EU procurement Directives and in line with the Bank’s Guide to Procurement.
Status
Signed - 4/06/2010