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Project summary document

Project name:Brasov County Road Project
Country:Romania
Project number:36642
Business sector:Municipal and environmental infrastructure
Public/Private:Public
Environmental category:B
Board date:23 March 2006
Status:Signed
Date PSD disclosed:
Date PSD updated:
3 January 2006
27 March 2006
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Romania homepage
Municipal and environmental infrastructure homepage
EBRD loan helps rehabilitate Romanian county roads [Press Release]
Imprumut BERD pentru reabilitarea drumurilor judetene din Romania [Press Release]

Project description
and objectives:

The proposed project will support funding for one of the county’s most important infrastructure responsibilities: road transport.

The Bank will provide funding for the upgrade and rehabilitation of county roads. As part of the Project, the Bank would provide TC funds to the county for the institutional strengthening and compilation of an EU structural fund application, for which the Bank could potentially provide co-financing.

The proposed project would involve the implementation of a pilot programme to involve private sector contractors/operators in the maintenance of county roads through the tendering of performance-based contracts developed in conjunction of the implementation of the road investments.

Transition impact:

The project will provide a demonstration impact to administrations in the 40 Romanian counties of more efficient methods for meeting their road transport needs. The possibilities for creating a dedicated road fund on a county level will be investigated.

The client:

The County of Brasov.

EBRD finance:

Up to €15.0 million loan (or RON equivalent) to the County (the “County Road Loan”) for the reconstruction and refurbishment of county roads. Part of the loan to the county will be syndicated to one or several commercial banks.

Total project cost:

€17.0 million

Environmental impact:

Environmental issues associated with the reconstruction and rehabilitation of regional roads are not expected to have significant environmental impacts and will bring about some safety benefits. An environmental analysis will be carried out to assess environmental benefits and impacts of the project and make recommendations for mitigation measures. 

Technical
cooperation:

Pre-Signing:

  • Creditworthiness up-date of three counties (including Iasi), to be completed in December 2005.
  • Project prioritisation and identification for two counties (including Iasi), and scoping for implementation of Regional Transport Department.

Post Loan Signing:

  • Road Management Assistance Programme (“Road MAP”): Institutional capacity development of the County including support for the preparation of an EU structural fund application and establishment of a Regional Transport Department within the County Administration which will advise on pre-accession issues, establish standard methodologies and assist with project structuring and implementation.

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

EBRD contact:

Dana Craciunescu , Operation Leader: craciund@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


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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