| Project Detail |
Location:
Serbia
Project number:
54083
Business sector:
Property and tourism
Notice type:
State
Environmental category:
B
Approval date:
10 May 2023
Status:
Concept Reviewed
PSD disclosed:
06 Mar 2023
As permitted by paragraph 2.6 of Section III of the Access to Information Policy, disclosure of this PSD was deferred in accordance with paragraph 1.4.4 of the Directive on Access to Information.
Project Description
The EBRD is considering to provide a sovereign loan of up to EUR 80 million in favour of the Republic of Serbia for the construction and expansion of modern science and technology parks ("STPs") in Serbia.
Project Objectives
The Banks first committed tranche of approximately EUR 60 million will be used to finance the construction, fit-out and the purchase of new equipment for the expansion of existing and development of new STP facilities in the cities of Niš, Cacak, and Kruševac, to support critical infrastructure for the incubation and growth of innovative start-ups and businesses in Serbia. Uncomitted tranche of EUR 20 million will be aslo used for expansion of the STP concept in Serbia, subject to the Government priorities and implementation timeline. |
