| Project Detail |
Project Description
A senior loan of up to EUR 7.7 million in local currency (RON 38 million) to the City of Medias to co-finance critical investments in the Citys infrastructure alongside EU grants under the relevant EU Regional Operational Programme for 2014-2020. The loan proceeds will fund the implementation of energy efficiency measures in four public buildings and in urban roads (including bridges), as well as help modernise, rehabilitate and extend the Citys electric public transport infrastructure.
Project Objectives
The Project is designed to promote energy savings and to reduce of CO2 emissions in public buildings and to improve urban mobility. This will be achieved through energy-efficient rehabilitation of a pool of public buildings (schools, multi-functional and educational centre and social i medical centre) that includes insulation, LED lighting to replace incandescent bulbs, improved utility connection (water, sewerage, electricity, gas), indoor rehabilitation of electrical, plumbing, heating and ventilation installations and other works. In addition, the Project will improve the Citys trolleybus network by acquiring three trolleybuses, improving facilities at bus stops, improving the e-ticketing system and rehabilitating the Citys electric transport infrastructure. The Citys priority investment programme also includes rehabilitation of several local city streets (including provision of LED lighting and safe pedestrian sidewalks and modernisation of underlying utility networks for sewerage). |
