Socio-economic Development of the Danube Serbia Region - EC Funds



Contract partner: Diverse TrägerCountry: Serbien Funding amount: € 18.500.000,00Project start: 01.07.2012End: 22.07.2016

Short Description:

Overall goal


This EU IPA funded project is a comprehensive effort to exploit socio-economic development opportunities for the Danube Serbia Region and indeed for Serbia as a whole by maximizing investments of the private sector, developing accompanying job creation potentials and increasing the attractiveness of the Danube Serbia Region to foreign investors through infrastructure development.

The project has a total budget of EUR 19.5 Million, of which:

- EUR 11 Million will fund infrastructure (rehabilitation and urban infrastructure for Golubac castle; water supply Veliko Gradiste)

- EUR 2.5 Million will fund grant projects for municipalities and other Danube development actors (an additional EUR 1 Million will be funded by Austria)

- EUR 5 Million will go to project management, technical assistance and overheads

The project will result in:

- higher levels of capacity for development management of Serbia’s Danube Region stakeholders, such as municipalities, development agencies, business associations and non-governmental organisations through better coordination, benchmarking their effectiveness and technical support. The project will advance their development initiatives, especially with a focus on improving environmental management and tourism infrastructure

- greater visibility and awareness among national and foreign interest groups about Danube Serbia Region potentials and (investment) opportunities

- a series of implemented grant funded projects that help stakeholders realise their initiatives for the improvement of environmental management, tourism & business promotion and job creation

- the creation of a pipeline of new infrastructure projects, some of which will be prepared to be ready for funding

- two ready constructed infrastructure projects to improve water supply and rehabilitation of cultural heritage as a basis for stimulating private investment

project number6526-00/2011
source of fundingEU
sector Andere multisektorielle Maßnahmen
tied
modality
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.