ROAD REHABILITATION AND CITY BYPASS

Promoteur – Intermédiaire Financier

MONTENEGRO

Lieu

• Monténégro

Description

Rehabilitation of main and secondary roads and construction of city bypasses

Objectifs

The project is expected to promote economic growth, facilitate trade, support private sector development and ultimately contribute to economic and social cohesion in the region. The project is therefore eligible under the Mandate of the Pre-Accession countries. It is estimated that some 54 km of roads will be constructed or upgraded and a 2.5km tunnel will be built.

Commentaires

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Secteur(s)

• Transports

Montant BEI envisagé (montant approximatif)

EUR 30 million

Coût total (montant approximatif)

EUR 66 million

Aspects environnementaux

The individual components of the project are investments of small and medium size that are likely to have reduced environmental and social impacts. If situated in the EU, these schemes would likely fall under Annex II of EIA Directive 2011/92/EU and therefore be subject to screening. Appropriate screening procedures, also in relation to natural habitats and protected species, as well as land acquisition/resettlement will be put in place in collaboration with the other co-financing potential partners. An appropriate Resettlement Policy Framework will be developed to address potential physical or economic displacement.

Passation des marchés

The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules.

Statut

Signé - 27/06/2014