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Flag DFI Complementary Urban Facility
Details
Location:Bulgaria
Category:Goods, Works, Consulting services, Non-consulting services
Status:Approval
Sectors:Urban Development & Housing
Contracting authority: FLAG - Fund for Local Authorities and Governments
Description
Reference: 20190773
Release date: 7 April 2020
Promoter – Financial Intermediary FUND FOR LOCAL AUTHORITIES AND GOVERNMENTS IN BULGARIA - FLAG EAD - SOFIA
Location: Bulgaria
Description The operation consists of a framework loan to FLAG to support
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tender Background
About the Funding Agency
The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.
The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.
Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.
About the Sectors
Urban Development & Housing
Focuses on planning, developing, and managing urban areas and housing systems to create sustainable, inclusive, and livable cities.
Key areas:
- Urban planning and city development
- Urban infrastructure and civil works
- Housing management and housing conditions
- Social, affordable, and residential housing
Locations
Bulgaria
Bulgaria focuses on highway expansion, rail upgrades, energy interconnectors, and water infrastructure to improve regional cohesion and EU integration. EU structural and cohesion funds represent a significant share of infrastructure financing. Investments aim to strengthen transport connectivity along Trans-European Transport Network (TEN-T) corridors. Governance reforms, absorption capacity, and demographic challenges affect long-term infrastructure performance.
Nr. of tenders: 8871
Nr. of grants: 15736
Nr. of donors: 769
Nr. of jobs: 31
Nr. of tenders: 8871
Nr. of grants: 15736
Nr. of donors: 769
Nr. of jobs: 31
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