According to the Bank's website, this project finances the construction of: a direct pipeline to the municipality of Hercef Novi; a second 13km long pipe from Budva to Tivat; and a new secondary water supply network and new wastewater infrastructure for settlements of Dobra Voda and Veliki Pijesak in the Bar municipality.
The implementing company is in the process of developing an environmental management system.
The loan proceeds will be used as follows:
Tranche 1 - EUR 12 million to finance construction of a direct pipeline to the municipality of Herceg Novi, and construction of a water pipeline from Budva to Tivat,
Tranche 2 - EUR 12 million to finance construction of a secondary water supply network and a wastewater infrastructure for settlements of Dobra Voda and Veliki Pijesak in the Bar municipality.
Regionalni vodovod Crnogorsko Primorje is a state-owned enterprise established in 1976 for the purpose of providing potable water on a long-term sustainable basis to the local water supply companies in the coastal municipalities in Montenegro. The implementing company supplies local coastal water companies with water natural springs near Skadar Lake which further distribute water to the end-consumers.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at firstname.lastname@example.org or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.