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According to the Bank’s website, the Project envisages the rehabilitation of the Ismail Bridge in Chisinau, a priority investment aimed at restoring the structural integrity, safety, and operational capacity of one of the city's key transport links. Built in 1968, the bridge has deteriorated due to ageing infrastructure, heavy traffic loads, and chronic underinvestment in structural maintenance. This deterioration has resulted in escalating maintenance costs, increased traffic disruptions, heightened safety risks, and the potential need to restrict the bridge's use, with adverse impacts on the efficiency and reliability of the overall urban transport network.
The Project will restore the bridge's structural integrity, extend its service life, improve its resilience, enhance road safety, and reduce traffic congestion and travel time, contributing to greater efficiency, connectivity, and reliability within Chisinau.
The borrower will be the City of Chisinau, a municipality located in Moldova. Chisinau, the capital city of Moldova, has a population of 800,000, representing nearly one-third of the country's total population and covers an area of 571.6 square kilometres. The City is the most economically vital locality in Moldova and serves as its financial and business capital, contributing about 60 per cent of the national GDP.
Categorised B (2024 Environmental and Social Policy). Key Environmental and Social ("E&S") issues to consider are Client's E&S management capacity, contractor management, occupational health and safety during construction, community Health and Safety, pollution and waste management, economic displacement and stakeholder engagement and grievance mechanism. E&S due diligence will be carried out with the support of a consultant and will include a site visit.
The facility will consist of a sub-sovereign loan to the City in the amount of up to EUR 10.0 million to support the comprehensive rehabilitation and modernization of the Ismail Bridge.
Ion Ceban
primaria@pmc.md
+373 22 22 10 02
+373 22 22 12 89
www.chisinau.md
83, Stefan cel Mare si Sfint avenue Chisinau, MD 2012 Moldova
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
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: pcm@ebrd.com or you can submit a complaint online using an online form at: 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