Status : Active Phase : Planning (Under appraisal) Reference: 20130545 Release date: 18 June 2014 Location : Bulgaria Sector(s) : Composite infrastructure Transport Water, sewerage Services Solid waste Proposed EIB finance (Approximate amount) : EUR 500 million Total cost (Approximate amount) : EUR 4754 million Promoter Financial Intermediary : The borrower will be the Republic of Bulgaria acting through the Ministry of Finance. The promoters of the investment schemes to be co-financed under the project would be the relevant local implementing agencies (e.g. the national railways infrastructure company (NRIC), the roads infrastructure agency (RIA), the national company for strategic infrastructure projects (NC SIP)) and other public sector entities (e.g. local governments or regional water operating companies). Description : Structural Programme Loan (SPL) for the co-financing of EU Funds supporting investment schemes in Bulgaria during the programming period 2014-2020 Objectives : The operation will support priority investments of Bulgaria mainly in the sectors of transport infrastructure, waste and water management and environmental protection therefore backing the country%s convergence efforts towards complaince with the EU acquis in these sectors. Environmental aspects : Strategic Environmental Assessments are required by EU regulations for all Operational Programmes co-financed with EU funds, in compliance with the requirements of the EU SEA Directive 2001/42/EC. The project refers to a multi-sector multi-scheme operation classified as a Structural Programme Loan and some of the schemes are likely to fall under Annex I or Annex II of the 2011/92/EU Directive. Should any such 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 promoters to act according to the provisions of the aforementioned Directives as transposed into the national law. All schemes must be implemented in compliance with the EU environmental legislation. Procurement : The Bank will require the promoters to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Project completion date : 2015-06-30 12:00:00
Major organization : MINISTRY OF FINANCE OF THE REPUBLIC OF BULGARIA
Address : 102, G.S.Rakovski str. Sofia, 1040 Bulgaria Website : http://www.minfin.bg/
Financier : European Investment Bank (EIB),
Financier address : Financier : European Investment Bank 98-100, boulevard Konrad Adenauer L-2950 Luxembourg Website : www.eib.org/ Tel : (+352) 43 79 1 Fax : (+352) 43 77 04