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Project Information
Investment ID: 42809
Bank: European Bank for Reconstruction and Development
Environmental Category: B
Country: Serbia
Region: Europe and Central Asia
Approval Date: None
Investment Types: Loans
Total Project Cost: No recorded data on this
Total Complaints: 2
Description
Provision of a loan of EUR 57 million in November 2011 to the City of Belgrade ("Original Loan") extended by additional EUR 30 million in July 2013 ("First Loan Extension") to co-finance key investments needed to complete the City's transport and traffic management programme. The loan proceeds are used for three components: (i) major renovation of the tram tracks in central Belgrade to allow for the new trams to operate on the tram lines; (ii) the City's main roads renewal and extension to secure a better and safer traffic flow in the City of Belgrade; (iii) procurement of 30 new trams to be operated on refurbished tram tracks.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Loans | 42809 | EUR 166.5 million | Planned | EBRD | City of Belgrade |
Related Complaints
| European Bank for Reconstruction and Development PCM Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Belgrade Public Transport and Traffic Infrastructure | EBRD PCM | Serbia | 10/05/2016 | Closed Without Outputs |
| Belgrade Public Transport and Traffic Infrastructure | EBRD PCM | Serbia | 29/08/2017 | Closed Without Outputs |
Implementers
| Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
|---|---|---|---|---|---|
| City of Belgrade |