NIF - Projects in the Eastern Region
The pipeline of projects supported by the Neighbourhood Investment Facility (NIF) in the Eastern Neighbourhood of the EU has reached very significant amount since the Facility was officially launched in May 2008.
Georgia: Black Sea Energy Transmission System |
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 | The project allows the link between the power supply systems of the Southern Caucasus countries with Turkey and Europe. It will stabilise the domestic power supply systems, reduce transmission losses and make the region independent from single supply sources. | Lead IFI: KfW (with contribution from OeEB) Other FI: EBRD & EIB Total cost: ca. €220 M NIF grant: €8 M Status: disbursing |
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Ukraine: Technical Assistance Support for Ukrainian Municipalities |
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| The EBRD is developing several investments in Ukraine in municipalities such as Zhytomyr, Rivne, Lviv, Energodar and Ivano-Frankivsk in the water, district heating and urban transport sub-sectors. The technical assistance will support these investments. | Lead IFI:EBRD Other FI: EIB (tbc) Total cost: ca. €135 M NIF grant: €5 M Status: disbursing |
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Azerbaijan and Georgia: Framework for Capacity Building to support Financial Intermediaries |
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| This technical assistance aims at creating sustainable financial intermediaries as well as improving the local financial sector's efficiency, effectiveness and transparency, which would result in better access to financing for enterprises. | Lead IFI: EBRD Other FI: EIB Total cost: €38.25 M NIF grant: €2.88 M Status: disbursing |
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Ukraine: Technical Assistance for Ukrenergo high voltage transmission networks |
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| The technical assistance aims at assisting the Ukrainian Government and Ukrenergo to corporatise the national transmission system operator, introduce modern management information systems, and to help the new entity to implement sustainable development strategy. | Lead IFI: EBRD Other FI: EIB Total cost: €301.3 M NIF grant:€0.8 M Status: disbursing |
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Republic of Moldova: Modernisation of the Republican Clinical Hospital |
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| The project aims to improve the efficiency of health assistance in the Republic of Moldova by modernising one of the main hospitals of the country located in Chisinau. | Lead IFI: CEB Total cost: €20.5 M NIF grant: €3 M Status: disbursing |
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Republic of Moldova: Chisinau Airport Modernisation Project II |
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| Chisinau's airport is a main gateway to Moldova’s external trade and a key asset to the country’s economic development. The operation involves rehabilitation and upgrades of the airport, and its further commercialisation | Lead IFI: EBRD Other FI: EIB Total cost: €46.25 M NIF grant: €1.75 M Status: disbursing |
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Republic of Moldova: Road Rehabilitation project |
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| The project purpose is to halt the deterioration of the road network in the Republic of Moldova and to ensure that key road links are maintained. | Lead IFI: EBRD Other FI: EIB Total cost: 92.5 M NIF grant: €12 M Status: disbursing |
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Regional: Regional Energy Efficiency Programme in the Corporate Sector |
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| This Technical Assistance aims at improving energy efficiency and energy savings in the corporate sector in a number of countries of the Eastern Neighbourhood. | Lead IFI: EBRD Total cost: €302 M NIF grant: €2 M Status: disbursing |
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Republic of Moldova: Feasibility Study for the Improvement of Water and Sanitation System in Chisinau |
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| The study is the basis for a large investment programme aimed at the improvement of water supply and sewage collection and treatment in Chisinau. Herewith, the living conditions of the Chisinau's population will be improved and environmental impacts reduced. | Lead IFI: EBRD Other FI: EIB & KfW Total cost: ca. €59 M NIF grant: €3 M Status: disbursing |
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Regional: European Neighbourhood Fund (ENBF) |
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| The Fund aims at improving access to finance by Micro and Small Enterprises in the Eastern Neighbourhood region, thus providing stimulus to growth and employment in the private sector. | Lead IFI: KfW Other FI: OeEB Total cost: up to €70 M NIF grant: €10 M Status: disbursing |
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Regional: Financial Sector Institution Building and Crisis Response |
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| This Technical Assistance aims at restoring access to credit by micro, small and medium-sized enterprises in the Eastern neighbourhood region and Russia by providing assistance to banks which have been particularly affected by the financial crisis. | Lead IFI: EBRD Total cost: tbc NIF grant: €12 M Status: disbursing |
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Ukraine: Power Transmission Network Reinforcement |
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| Targeting selected investments in the Ukrainian high voltage power network, the project will improve energy security and reliability in Ukraine while also contributing to regional integration in the field of energy, including cross-border links with the European Union. | Lead IFI:EBRD Other FI: EIB Total cost: €1,110 M NIF grant: €5 M Status: disbursing |
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Armenia: Yerevan Metro |
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| By focussing on a number of most pressing safety upgrades and renovation measures, the project will restore reliable operations for the Yerevan Metro and significantly contribute to the improvement of urban transport in the capital. | Lead IFI:EBRD Other FI: EIB Total cost: ca. €16.7 M NIF grant: €5 M Status: approved |
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Ukraine: Hydropower Rehabilitation Project |
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| This project is part of Ukraine hydropwer rehabilitation programme, aiming at improving the country energy security as well as the environmental safety of its energy supply. | Lead IFI: EBRD Other FI: EIB Total cost: €398.6 M NIF grant: €3.6 M Status: disbursing |
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Armenia: Armenian Small Municipalities Water project |
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| The project targets the improvement of municipal water supply and the rehabilitation of water treatment plants and sewerage collectors in a number of municipalities in Armenia. | Lead: EBRD Other IFI: EIB Total cost: €20.8 M NIF grant: €7.6 M Status: approved |
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Georgia: Tbilisi Railway Bypass Environmental Clean-up |
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| The project concerns the construction of a new railway route bypassing the central area of the city of Tbilisi, improving the efficiency and safety of rail operations as well as supporting trans-European inter-connections. | Lead IFI: EBRD Other FI: EIB Total cost: €253.5 M NIF grant:€8.5 M Status: approved |
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Ukraine: Preparatory studies for the modernisation of Ukraine's gas transit corridors and underground gas storage facilities
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| The project comprises two preparatory studies for investments in the gas sector in Ukraine including an environmental and social impact assessment. It will improve energy security for European countries while contributing to increased regional intergration in the field of energy, including cross-border linkage with the European Union. | Lead IFI: EBRD Other FI: EIB Total cost: €2 billion NIF grant: €2.5 M Status: approved |
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Republic of Moldova: Water Utilities Development Programme
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| The project, targeting six selected municipal utilities, focuses on the improvement of the Republic of Moldova's water supply and wastewater treatment services through the expansion of water supply and wastewater treatment infrastructure outside the capital Chisinau. | Lead IFI: EBRD Other FI: EIB Total cost: €31.5 M NIF grant: €10 M Status: disbursing |
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Republic of Moldova: Chisinau Transport Project
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| The project aims at improving public transport services in the city of Chisinau. By upgrading Chisinau’s trolleybus fleet, it will have a strong positive impact on the environment and also improve social services and social infrastructures primarily benefiting the lower-income population of the capital. | Lead IFI: EBRD Other FI: EIB Total cost: €15.45 M NIF grant: €3 M Status: approved |
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Georgia: Enguri/Vardnili Hydro Power Cascade Rehabilitation
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| The project is the last stage of the rehabilitation of the Enguri-Vardnili hydro power cascade. It will contribute to the improvement of energy security in the region as well as reducing CO2 and other harmful gas emissions by replacing fossil fuel-fired power generation units currently in use. | Lead IFI: EBRD Other FI: EIB Total cost: €40 M NIF grant: €5 M Status: approved |
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Georgia: Water Infrastructure Modernization
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| The project targets a number of water supply and sanitation investment schemes throughout Georgia. It addresses more specifically social and environmental objectives by improving access to safe water and contributing to the environmental protection of the Black and Caspian Seas. | Lead IFI: EIB Total cost: €86 M NIF grant: €6 M Status: approved |
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Regional: Eastern Partnership - SME Finance Facility
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| The SME Finance Facility is one of the flagship initiatives of the Eastern Partnership. The Facility aims at offering a wide range of financial services and products to SMEs and financial intermediaries throughout the region, increasing the availability of long-term funding to the SME sector and helping the economies to recover from the economic and financial crisis. | Lead IFI: EIB, EBRD Other FI: KfW Total cost: €300 M NIF grant: €15 M Status: approved |
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