Belarus Utility Services Modernisation – Project Implementation Support

Item Description:

The European Investment Bank (EIB or the Bank) is the financing institution of the European Union (EU). Created by the Treaty of Rome, its shareholders are the Member States of the EU, and its Board of Governors is composed of the Finance Ministers of these States. The EIB enjoys its own legal personality and financial autonomy within the Community system.

The mission of the EIB is to contribute, by financing sound investment, to the policy objectives of the EU, as laid down in its statutes and in decisions of the European Council.

The EIB contributes towards the integration, balanced development and economic and social cohesion of the Members of the EU. To this end, it raises on the markets substantial volumes of funds that aim at financing capital projects according to the objectives of the EU with the most favourable financial terms. Outside the EU the EIB implements the financial components of agreements concluded under European development aid and cooperation policies.

More background information about the EIB may be found on the website http://www.eib.org

Purpose/Specific objectives

This Technical Assistance (TA) is financed by the Eastern Partnership Technical Assistance Trust Fund (EPTATF). EPTATF aims to enhance the quality and development impact of EIB operations in the Eastern Partnership Countries. It is a multi-donor, multi-sector trust fund established by the EIB in December 2010 in response to the need for specific technical advisory support to its lending activities in the Eastern Partnership Countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine).

The purposes of the TA Contract are to give support to the Promoter’s PMU in its core activities by providing expert advice and capacity building in its core functions of overall Project management, monitoring, funds management, procurement, supervision, evaluation and reporting to EIB and WB as well as to assist the Promoter and the End-Users to achieve the overall Project objective and to deliver the Project in an efficient, effective, coordinated and sustainable way.

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