Sibiu Urban Transport Pre-accession Project

complete

Sibiu has been selected as Cultural Capital of Europe for 2007 and is seeking to rehabilitate key aspects of its infrastructure, including: A further component of the proposed project will entail commercialisation and involvement of the private sector in Sibiu’s public transport company. The Project will help the City to prepare for EU Accession by building up capacity to prepare and implement major infrastructure projects. It will also improve the performance of the public transport system through increased commercialisation of the public transport company. This will include implementation of a multi-year public service contract between the City and the public transport company as well as the involvement of the private sector, as appropriate. The terms of a public service contract are expected to include (a) a transparent multi-year payment for service (b) utilising targets and incentives to increase efficiency (c) making the transport company responsible for investment planning and financing. Sibiu Municipality, located in the central part of Romania. EUR 15 million sub-sovereign loan to Sibiu Municipality. Approximately EUR 19 Million. The project was screened B/0. There are unlikely to be any significant environmental impacts associated with the project and a number of very tangible benefits are likely to arise. The proposed project will contribute to the preparation of 2007 Sibiu Cultural Capital of Europe . An Environmental Analysis, which is currently underway, will identify all potential environmental impacts and develop an environmental action plan (EAP), to ensure compliance with both national and EU environmental, health and safety requirements. It is expected that Technical Cooperation assistance will be provided to assist the city of Sibiu for (1) procurement and design (2) project management (3) preparation of tender documents for private sector involvement (4) site supervision.