Release date: 9 November 2010
Promoter – Financial Intermediary
Provincia Regionale di Catania
Location
Description
The project concerns the medium-term investment plan 2010-2013 of the Province of Catania. It comprises small and medium-sized infrastructure schemes supporting integrated and sustainable development in the Province and covers education, renewable energy, sustainable transport, cultural heritage, tourism, ICT and urban renewal and regeneration.
Objectives
The project pursues the objectives of sustainable economic growth and employment generation, through an improvement in the competitiveness of Catania’s economic tissue. The operation is aligned with the three pillars (economic, social and environmental) of the Lisbon Strategy and EU’s 2020 objectives.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Estimated at EUR 250 million.
Environmental aspects
Some of the schemes may eventually fall under Annex I or Annex II of the 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 (falling under the 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 shall be implemented in compliance with EU environmental legislation.
Procurement
The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2007/18/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.
Status
Signed - 17/12/2010