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Development partner: European Investment Bank (EIB)

Development/implementing agency

European Investment Bank (EIB), through EIB Global, in partnership with the Government of the Republic of Moldova, central and local public authorities, state-owned enterprises, partner financial institutions, and other eligible beneficiaries.

Contact details

Representation of the European Investment Bank in the Republic of Moldova

c/o Delegation of the United Nations / European Union to the Republic of Moldova

Address: 10 Mitropolit Petru Movilă Street, MD-2004, Chișinău

Phone: +373 22 807 277

E-mail: chisinau@eib.org

https://www.eib.org/en/infocentre/contact/offices/moldova.htm

Legal framework for cooperation

Cooperation between the Republic of Moldova and the European Investment Bank is carried out based on the Framework Agreement between the Government of the Republic of Moldova and the European Investment Bank regarding the regulation of EIB activities in the territory of the Republic of Moldova, signed on October 10, 2007, and ratified by Law No. 174-XVI of July 10, 2008.

The EIB's activity in the Republic of Moldova is also carried out within the framework of the European Neighbourhood Policy (ENP), the Eastern Partnership (EaP), and other bilateral agreements between the European Union and the Republic of Moldova.

Strategic programming documents

• EIB Global Operational Strategy;

• European Union programming documents for the Eastern Neighbourhood;

• Neighbourhood, Development and International Cooperation Instrument (NDICI – Global Europe);

• Strategic and investment documents applicable to the Republic of Moldova approved by the European Union and the EIB.

Priority sectors / Areas of cooperation

• • Transport and transport infrastructure, including the development and modernization of the Trans-European Transport Network (TEN-T);

• • Energy and diversification of energy supply sources;

• • Energy efficiency;

• • Water and wastewater management;

• • Waste management;

• • Private sector development;

• • Small and medium-sized enterprises (SMEs);

• • Agriculture and agro-industry;

• • Climate action and green investments.

Type of funds / financial instruments and assistance modalities

• Loans

• Technical assistance

Programming, approval, and implementation procedures for projects

Projects are identified together with beneficiaries and competent authorities. The EIB conducts technical, economic, financial, environmental, and social appraisals of the projects. Financing is approved by the Bank's governing bodies. Project implementation is carried out by beneficiaries in accordance with financing agreements and operational policies and procedures, including rules on procurement, environmental protection, and social standards. The EIB monitors implementation and fund utilization throughout the entire project cycle.

Other information

• • The Republic of Moldova has been eligible for EIB financing since 2007;

• • The EIB has financed 34 projects in the Republic of Moldova since the start of its activities in the country;

• • The cumulative volume of financing approved by the EIB for the Republic of Moldova is approximately 1.75 billion euros;

• • The EIB collaborates with approximately 10 local partners;

• • The EIB is one of the main international financial institutions supporting public and private investments in the Republic of Moldova.

Regulatory framework

Framework Agreement between the RM and the European Investment Bank on EIB activity in the Republic of Moldova, ratified by Law No. 19-XVI/2007;

Republic of Moldova - European Union Association Agreement, ratified by Law No. 112 of July 2, 2014, constituting the general framework of RM-EU cooperation and operations of European financial institutions in support of European integration objectives.