Project description
and objectives:
|
The proposed project is intended to improve the City of Arad’s urban
transport infrastructure through investment in
(i) tram track rehabilitation
(ii) street upgrading in the city centre
(iii) traffic signal modernisation.
The project is also intended to improve the overall operational performance of
the public transport system in the city of Arad.
|
Transition
impact:
|
The proposed project will improve the performance of the public transport
system through increased commercialisation of the public transport company.
This will include implementation of a multi-year Public Service Contract
between the City and the company as well as the involvement of the private
sector, as appropriate. The terms of a Public Service contract are expected
to include
(a) a transparent multi-year payment for service
(b) utilising targets and incentives to increase efficiency
(c) making the company responsible for investment planning and financing.
|
The client:
|
Arad Municipality, located in the western part of Romania, has a population of
173,000.
|
EBRD
finance:
|
A sub-sovereign loan to Arad Municipality of EUR 20 million.
|
Total project cost:
|
Approximately EUR 25.2 Million.
|
Environmental impact:
|
The project was screened B/0.
There are unlikely to be any significant environmental impacts associated with
the project and a number of very tangible benefits are likely to arise. The
proposed project will contribute to improve public transport reliability,
safety and efficiency, reduce congestion, and help maintain the market share
of public transport, with associated air quality benefits. An Environmental
Analysis, which is currently underway, will identify all potential
environmental impacts and develop an environmental action plan (EAP), to
ensure compliance with both national and EU environmental, health and safety
requirements.
|
Technical
cooperation:
|
It is expected that Technical Cooperation assistance will be provided to
assist the city of Arad in the development of private sector participation and
commercialization of the Public Transport company.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
|
EBRD contact:
|
Arthur Schankler, Operation Leader: schankla@ebrd.com
|
Procurement or tendering
opportunities:
|
Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
|
General
enquiries:
|
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
|
