MUNICIPAL UTILITIES DEVELOPMENT PROGRAMME - PHASE II

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 1869

Status Complete

Location

Romania

Business Sector

Municipal Infrastructure

Notice Type

State

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 1869

Status Complete

Location

Romania

Business Sector

Municipal Infrastructure

Notice Type

State

Environmental Category

Approval Date

22 Jul 1997

Disclosure date

05 Mar 1997

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

Loan financing of water sector investments in ten medium-sized cities, together with support to the institutionalisation of municipal credit and programmes for municipal utility corporatisation.

Project objectives: (i) Finance priority water-supply and waste-water investments to improve service provision; (ii) enable the institutionalisation of municipal credit; (iii) enhance the performance of the water companies and municipalities.

Transition Impact

The project will introduce credit to the financing of municipal investments, and by institutionalising municipal credit will impact the whole structure of the municipal finance system. The municipal infrastructure investments will also support harmonisation with EU environmental standards, and provide better services for consumers, industry and commerce.

The Client

The Government of Romania will on-lend the proceeds of the loan to local governments and water companies in ten cities (Arad, Bacau, Bistrita, Botosani, Braila, Cluj, Constanta, Focsani, Oradea and Tirgoviste). During implementation, steps will be taken to institutionalise municipal credit provision to enable wider access to credit for municipalities across Romania.

EBRD Finance

A sovereign loan of US$ 75 million (ECU 65 million). Co-financing is anticipated with EC Phare, as well as with central and local governments and the water companies.

Project Cost

US$ 188 million (ECU 163 million).

Environmental Impact

This project will have environmental benefits, particularly with respect to the health of the population. It will lead to better living conditions and reduce health hazards from water contamination by improving waste-water collection and treatment. Environmental issues associated with the investments have been identified in an environmental analysis and addressed with adequate mitigation measures.

Technical Cooperation

Technical cooperation totalling ECU 4 million has been committed during project preparation, and a further ECU 5 million is anticipated during implementation.

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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