The EBRD is supporting further upgrades of the municipal  infrastructure and advancement of urban transport sector reform in  Romania with a €12 million loan to the city of Sfantu Gheorghe, under  the Bank’s Urban Road Management and Rehabilitation Framework. The loan will address the urgent infrastructure  needs of Sfantu Gheorghe, a fast developing city in central Romania,  capital of the county of Covasna. The proceeds of the loan will be used  to finance the modernisation of streets and public lighting improvements  in the city centre.
The Bank’s loan to Sfantu Gheorghe will finance  an upgrade of 34 kilometres of primary and secondary streets through  renewal of asphalt and pavements, construction of new cycle lanes and  pedestrian areas. The project also involves the replacement of existing  high pressure mercury-based lamps with energy efficient street  illumination technology, including installation of central lighting  management system that will allow automated lighting control and energy  monitoring. This is the EBRD’s first project developed with  special consideration for gender issues in accordance with the Bank’s  Gender Action Plan. Particular attention has been paid to the needs and  priorities of women in the community, especially with regard to the  paving of pedestrian areas and the provision of public lighting which  will improve the overall levels of safety and security in Sfantu  Gheorghe.
News source: EBRD link: article

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