Design and construction of a sewerage sub-system – comprising a main collector and nine pumping stations. The project will ensure the treatment of all of Rijeka’s municipal waste water.
The main objectives of the project are to ensure the treatment of Rijeka’s waste water in line with EU regulations. Other objectives are to implement a financial and operational performance improvement programme for ViK and a municipal credit enhancement programme for the city of Rijeka.
This project will be the first municipal-guaranteed loan in the municipal and environmental sector in Rijeka. The project will include a technical cooperation programme to develop cost reduction and operational improvement targets.
The city of Rijeka and the Rijeka Water and Sewerage Company (Vodovod I Kanalizacija – ViK). ViK provides water and sewerage services to 260,000 customers in Rijeka and eight surrounding municipalities.
The EBRD loan amounts to €7.5 million. In addition, the EBRD is considering financing a €600,000 loan extension.
€8.8 million, incorporating the new €600,000 loan extension.
This project has mainly environmentally related objectives and will contribute to reducing public hazards and pollution of surface water. Work carried out under the project will be in compliance with national and EU standards.
Technical cooperation will be provided to prepare and to help to implement a financial and operational performance programme for ViK.
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Text of the PIP
Independent Project Accountability Mechanism (IPAM)
If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. 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 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 how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.