CNAIR Road Maintenance

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

Up to RON 300 million (~EUR 63 million) to Compania Nationala de Administratie a Infrastructurii Rutiere ("CNAIR" or the "Company"). The loan will finance rehabilitation/maintenance works of several national roads and related infrastructure across Romania.

Project ID 52472

Status Cancelled

Location

Romania

Business Sector

Transport

Notice Type

State

Company Contact Information

Ionut Masala
ionut.masala@andnet.ro
(+4 021) 264.34.01
(+4 021) 264.34.31
http://www.cnadnr.ro
Bd. Dinicu Golescu, nr.38, sector 1, Bucuresti

Project ID 52472

Status Cancelled

Location

Romania

Business Sector

Transport

Notice Type

State

Environmental Category

Approval Date

12 Sep 2023

Disclosure date

10 Oct 2022

CNAIR Road Maintenance (Romanian) (PDF, 0.61MB)

Project description

Project objectives

The proposed Project will support the Romanian transport sector through the rehabilitation of several sections of key motorways across the Country. It is expected to have a significant effect on the quality of transport services. In addition, the proposed rehabilitation works will incorporate climate adaptation elements in their design to improve the resilience of the transport network against the physical damage caused by the climate change.

Transition impact

ETI Score: 62

ETI score:62

ition impact stems from Resilient and Well-Governed qualities.

The Project will support the Resilience of the transport sector through more sustainable road asset-management capabilities; it will also support the Well-governed quality through improved procurement standards. Both transition objectives will be supported by technical assistance provided by Bank.

Client information

NATIONAL ADMINISTRATION OF ROADS

CNAIR is a state-owned entity having the Government of Romania, through the Ministry of Transport ("MoT"), as sole shareholder. The Company manages the Romanian highway and national road network through a public service contract.

EBRD Finance Summary

RON 300,000,000.00

EUR 63,000,000.00

Up to EUR 63 million non-sovereign loan to be provided to CNAIR.

Total project cost

RON 300,000,000.00

EUR 63,000,000.00

Additionality

Additionality sources include the following components: (i) financing structure and (ii) support to achieve higher asset management standards.

Environmental & Social Summary

Categorised B (2019 ESP) the project involves operation, maintenance and rehabilitation of highways and national roads. Key E&S risks include: occupational health and safety (for maintenance workers), traffic and road safety, labour conditions, noise and vibration, contractor management, and stakeholder engagement. The use of proceeds (long term working capital and maintenance contracts) is not directed at specific physical assets, so the Client will be required to align its corporate environmental and social management system with the PRs. Environmental and Social (E&S) due diligence is currently undertaken by an independent consultant and will include a review of the Client's E&S organisation, E&S practices and performance, and preparation of an ESAP.

This PSD will be updated based on the outcomes of the ESDD.

Technical Cooperation and Grant Financing

Total amount of EUR 650,000. Sources of funding are as follows: i) technical, financial and Environmental due diligence and procurement assistance was funded by the Shareholder's Special Fund (SSF), ii) Procurement Enhancement Programme will be funded by an international donor or SSF iii) Asset Management Planning support will be funded by an international donor or SSF.

Company Contact Information

Ionut Masala
ionut.masala@andnet.ro
(+4 021) 264.34.01
(+4 021) 264.34.31
http://www.cnadnr.ro
Bd. Dinicu Golescu, nr.38, sector 1, Bucuresti

PSD last updated

10 Oct 2022

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

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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CNAIR Road Maintenance

Overview

Company Contact Information

Project description

Project objectives

Transition impact

Client information

EBRD Finance Summary

Total project cost

Additionality

Environmental & Social Summary

Technical Cooperation and Grant Financing

Company Contact Information

PSD last updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)