This project is still under review by the EWS. Project information and/or project analysis may be incomplete.
Moldova Roads Rehabilitation IV (EBRD-45094)

  • Moldova
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 11, 2013
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Disclosed by Bank Mar 26, 2013

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
PROJECT DESCRIPTION The EBRD is considering providing a sovereign loan of up to EUR 150 million to the Government of Moldova to finance the rehabilitation of main road sections in Moldova. The purpose of the project is to help reverse the deterioration of the road network in Moldova and to ensure key road links are properly maintained to facilitate economic growth and regional integration. TRANSITION IMPACT The project will contribute to transition in the following ways: THE CLIENT The loan will be made to the Government of Moldova. The Ministry of Transport and Road Industry ("MTRI") will implement the Project on behalf of the Government, through the SRA, the agency responsible for executing road investment, maintenance and safety measures. EBRD FINANCE Sovereign loan of up to EUR 150 million to be provided in three tranches. PROJECT COST EUR 315.5 million. ENVIRONMENTAL IMPACT The proposed project has been categorised as Initial Environmental and Social Examination in accordance with the 2008 EBRD Environmental and Social (E&S) Policy, as the potential impacts should be specified, however are expected to be site specific and readily identifiable and addressed through mitigation measures. TECHNICAL COOPERATION Project implementation support (for all three phases), including the development of procurement manuals and implementation support for local contracts procurement. EUR 1.2 million. Financed by EU Neighbourhood Investment FacilityTechnical Assistance for(i) development of the privatisation plan and privatisation support for road maintenance companies;(ii) the development of new type of road maintenance contracts (with performance criteria);iii) related capacity building within state road administration in all aspects (including privatisation support, introduction of competition in future, monitoring of performance based contracts and payments); and(iv) identification of legal changes and proposed changes in the legislation (including secondary legislation and regulations). EUR 0.5 million. Source to be identified
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
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 or you can submit a complaint online using an online form, You can learn more about the PCM and how to file a complaint at

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