LATVIA GSM MOBILE COMMUNICATIONS PROJECT

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Construction and operation of a national digital mobile telecommunications network in Latvia. Project objectives are the modernisation and development of communications services in Latvia and facilitation of business activities through the provision of a national mobile network. Proceeds will be used for the construction and operation of the network. The project will assist the reform and liberalisation process of the Latvian telecommunications sector by introducing greater competition into the mobile communications market in Latvia. It will have a strong demonstration effect for foreign and local investors by attracting significant foreign investment in the form of capital and know-how. Baltcom GSM, a limited liability company, incorporated in Latvia to construct and operate a mobile communications network using the GSM 900 standard. The commercial service launch of the company took place on 18 March 1997. Loan of US$ 23 million (ECU 20.2 million). US$ 67 million (ECU 58.8 million). The project was screened B/0, requiring an environmental analysis of the proposed development. The analysis examined the environmental issues associated with construction and operations, public participation, nature protection, use and disposal of hazardous materials and obsolete equipment. Baltcom GSM has obtained all necessary permits required for the start-up of the construction and operation of the project. All other permits will be obtained as the operations progress. Baltcom has confirmed that construction plans, including siting and disposal of potentially hazardous materials, and worker health and safety issues, will be complied with in accordance with relevant EU, national and local legal requirements. On the basis of the environmental analyses the following positive environmental features will form part of the project: None