The European Bank for Reconstruction and Development (EBRD) is considering providing a senior loan of up to EUR 20 million to Compania de Transport Public Cluj-Napoca S.A. , a joint-stock company wholly-owned by the Municipality of Cluj-Napoca and provider of public transport services in the City. The loan will finance part of the company's rolling stock renewal through the purchase of up to 50 new EURO-6 buses and 7 trams, in line with applicable EU requirements. The project is proposed under Romania: Sustainable Mobility and Access to Road Transport ("SMART") Framework which was approved by the EBRD Board of Directors on 25 November 2015.
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Project stage info
Stage 1: Initial Government Announcement
Compania de Transport Public Cluj-Napoca S.A.
Form of project announcement
Standard EBRD Procurement Policy: http://www.ebrd.com/news/publications/policies/procurement-policies-and-rules.html
The project aims to improve the daily mobility of citizens and reduce pollution caused by traffic congestion, in line with the city's Sustainable Urban Mobility Plan ("SUMP"), focusing on the modernisation of its public transport system. It is expected that the project will support commercialisation and corporate development with support from a twinning partner, enhance the public transport regulation in the metropolitan area and set a benchmarking programme for transport operators across the country.
Indicative timetable of project development
Started in 2016
Is the project contained in national/sub national infrastructure plan or strategy
Please outline any studies (for example environmental, engineering etc.) that will be completed prior to a full business case development
Technical, institutional, economic and environmental due diligence
Opportunity for Private Sector Involvement