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Municipal and Environmental Infrastructure

Urban Transport Projects P aul Covenden Tbilisi, October 2006

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MEI ETC portfolio and pipeline – by country and sector Armenia 6% Urban Transport 5% Uzbekistan 30% Azerbaijan 25% Solid Waste 26%

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Tajikistan 6% Moldova 15% By Country Georgia 18% District Heating 10% Portfolio – EUR 72.6 Pipeline – EUR 40.0

By Sector Water 59%

Transport: a challenging priority

  Challenges: – – – – Getting public transport back on track Political will and commercial reality Environmental challenge: Euro 1, 2, 3 etc… Lack of interest from donors (concessionality requirement) Opportunities: – – – – Rapid implementation - high visibility Good credit: cash collection and city service payments Strong transition impact: procurement, corporate management Sovereign guarantees not required 3

Tbilisi Bus Project: Description

 Loan EUR 3.1 million (linked to grant)  Second-hand large buses  50 new midi-buses for hilly areas  Spare parts and workshop equipment  Bus Company Corporate Development Plan  Assistance for restructuring PT sector 4

Tbilisi Bus Project - Environment

 Environmental Audit/Action Plan for Company  Environmental Analysis of EBRD funded investments  Implementation of standards to reduce bus emissions (EURO 2 standard versus 3)  Strengthening health and safety standards   Reducing mini-buses in the city centre Supports the City’s Transport Strategy 5

Metro Energy Efficiency Project

 Metro Energy Efficiency project – Saving up to 30 percent of electricity – Restore reliability – Harmonize buses and metro  Energy Audit – Investment plan and expected savings – Simple investments with rapid pay back 6

Contact

 Paul Covenden  [email protected]

 Tbilisi Office +(995 32) 92 05 12/13/14  London Office +44 - 207 - 338 - 6918 7