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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