Pristina Inner Ring Road

cancelled

Provision of a sovereign loan to the Republic of Kosovo to co-finance the construction of an inner ring road (the "Inner Ring Road") in the capital city of Pristina, approximately 26 km in length (the "Project"). The project will improve the road infrastructure and services around Pristina, facilitating the flow of passengers and goods and reducing transportation costs. The project will be co-financed with a sovereign loan from the European Investment Bank (EIB). i. To improve the city's integration into the pan-European corridors by providing better access and connections; ii. To improve the air quality in the city centre by reducing congestion and; iii. To improve road safety and standards by diverting cargo traffic from the city centre. Good The expected transition impact of the project includes: 1) A pilot introduction of drone technologies to be used in combination with Building Information Modelling (BIM) software to improve cost efficiency during the construction and operation/maintenance of the project. 2) Reduction of local air pollution in Pristina through the diversion of traffic onto the Inner Ring Road which will lead to air quality improvements in the vicinity of the centre urban area. In addition, under the project consideration will be given to the incorporation of climate change adaptation measures in the detailed design of the Inner Ring Road. KOSOVO SOVEREIGN The borrower is the Republic of Kosovo represented by the Ministry of Finance. The client and the implementing entity is the municipality of Pristina, which is responsible for the construction and maintenance of the municipality's road network. EUR 32,000,000.00 A sovereign loan of up to EUR 32 million. EUR 95,500,000.00 The total estimated project cost is approximately EUR 97 million. Categorised A (2014 ESP), due to significant land acquisition required within urban setting likely to result in requirements for physical and economical displacement.  The Project requires a comprehensive environmental and social impact assessment (ESIA) and disclosure thereof for 120 days.  Key environmental and social impacts/risks to consider include: land acquisition required for the road, related resettlement and economic displacement expected in an urban setting, road safety, noise and air emissions along with construction stage impacts related to temporary access and nuisance to business and amenities, community safety, occupational health and safety, waste management. The ESIA will be developed alongside the Feasibility Study and Preliminary Design funded by the Bank, which will also include a road safety audit. The project will include technical cooperation to support the project implementation unit (PIU) during the implementation of land acquisition and resettlement in line with performance requirements PR5. Arianit Blakaj blakaja@ebrd.com +383 38 242 07079