Presentation on theme: " EBRD Activities in Infrastructure in South-Eastern Europe Jean-Marc Peterschmitt Sofia 20-21 June 2002."— Presentation transcript:
EBRD Activities in Infrastructure in South-Eastern Europe Jean-Marc Peterschmitt Sofia 20-21 June 2002
March 2000 Pledging Conference € 1.8 billion was pledged for regional infrastructure projects, which had a regional or demonstration impact. EBRD committed to take “lead agency” role for three of the 25 initial “Quick start” projects and agreed to co-finance three more projects led by WB or EIB.
October 2001 Regional Conference October 2001 Regional Conference A second set of 27 regional infrastructure projects was identified, resulting in EUR 2.3 billion in new infrastructure investment in the region. EBRD is active in 10, which have a total value of over EUR 1.3 billion, for which EBRD would provide finance of over EUR 500 million
EBRD active regional projects Project Costs Project Costs 24.4 57.7 8.5 161.0 56.4 200.0 209.0 116.0 231.7 100.4 135.0 135.9Country Albania FYR Macedonia Croatia Albania Bosnia & Herzegovina Croatia Romania FR Yugoslavia Project Elbasan Libradzh Road Municipal Environmental Programme Rijeka Water Power Distribution Rehabilitation Railways Recovery Project Autocesta Rijeka-Zagreb Zagreb Wastewater Treatment Road Sector Restructuring &Pitesti ByPass National Grid Reconstruction Municipal Environment Loan Facility Yugoslavia Railways Reconstruction Project Emergency Power Sector Reconstruction
EBRD Infrastructure in SEE Over EUR 1.5 billion - 48 projects (excl. telecom) Pipeline of 20 projects - EUR 2.5 bn EBRD financing of EUR 800 million Commited to power, transport and municipal sectors, with dual public and private approach: - efficient use of public debt capacity - involvement of private sector where possible Reform still needed: regulatory and commercialisation/privatisation