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Project summary document

Project name:Iasi Public Transport Infrastructure
Country:Romania
Project number:36930
Business sector:Municipal and environmental infrastructure
Public/Private:Public
Environmental category:B
Board date:5 December 2006
Status:Signed
Date PSD disclosed:
Date PSD updated:
9 June 2006
9 June 2006
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BERD sprijina imbunatatirea transportului public in Romania [Press Release]
EBRD helps improve public transport in Romania [Press Release]

Project description
and objectives:

The proposed project includes the rehabilitation of up to 15 kilometres dual track tram infrastructure in the City of Iasi. The Bank’s funds will be used to finance track renewal as well as upgrading of power supply.

The investments will contribute to reduce noise and vibrations in the City centre and increase the commercial speed of the trams on the renewed sections.

Transition impact:

Commercialisation and improved system management:

  • The proposed project will improve the performance of the urban transport sector through improved commercialisation of the public transport company (“RATP”) and assistance to the Company to identify cost-effective out-sourcing options.

  • A Public Service Contract will be concluded between the municipal transport company RATP and the City providing for service and commercial performance standards to be achieved by RATP.

Framework for markets:

  • Unified tariff system, rationalisation of fare policy and development of an on-going route-tendering regime for maxi-taxis will encourages competition and achieves EU safety and environmental standards.

  • This will be supported by a public transport regulation and restructuring programme to assist with the introduction of a Public Service Contract between the City and the public transport company and advice on rationalisation of public transport services.

The client:

City of Iasi.

EBRD finance:

EUR 15 million loan to the city for the rehabilitation of the tram network in Iasi.

Total project cost:

EUR 17.5 million.

Environmental impact:

B/1 screened project. Environmental impacts associated with improvement of urban transport facilities can be readily identified and addressed through adequate mitigation measures. An environmental audit will be carried out. The refurbishment of the tram infrastructure system will help improve public transport services as well as reduce traffic, air emissions, noise and will contribute to improvement of the air quality in the City of Iasi. An Environmental Action Plan will be developed as part of the Environmental Due Diligence. The Project will meet the Bank’s public consultation requirements and provisions under the Bank’s Environmental Policy for category B projects as applicable.

Technical
cooperation:

The Project will benefit from a technical, economic and environmental due diligence funded from the Swiss State Secretariat for Economic Affairs (SECO).

It is expected that further Technical Co-operation assistance will be provided to assist

(i) the City with a Public Transport Regulation and Restructuring Programme and

(ii) the Company with a Corporate Development Programme.

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

EBRD contact:

Witek Szpak, Operation Leader: szpakw@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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