Brasov County Road Project

Location:

Romania

Project number:

36642

Business sector:

Municipal and environmental infrastructure

Notice type:

Public

Environmental category:

B

Target board date:

23 Mar 2006

Status:

Repaying

PSD disclosed:

03 Jan 2006

Project Description

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.

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.
 

Business opportunities

For business opportunities or procurement, contact the client company.

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General enquiries

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Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.