Ensure that EU and EIB standards and best practices are respected through support to the Project Implementation Unit (PIU) in the implementation of the EIB R&D Infrastructure Initiative.
The direct beneficiary of the EU-funded Technical Assistance is PIU - Research & Development Ltd.
EPTISA Servicios de Ingenieria S.L.
The Ministry of Science and Technological Development has signed a 200 million Euro loan with the European Investment Bank (EIB), a 35 million Euro loan with the Council of Europe Development Bank (CEB) and a 22 million Euro grant with the European Commission for the implementation of the R&D Infrastructure Investment Initiative, which together with National co-financing of around 195 million Euro, creates a facility of over 400 million Euro that aims to enhance the R&D capabilities in Serbia.
With the purpose of ensuring the best possible use of these funds, the Government of the Republic of Serbia made the decision to establish a limited liability company that will act as the main Project Implementation Unit (PIU) carrying out all duties in connection to the preparation, publication, evaluation and award processes of all tenders, the co-ordination of activities and administrative support to the awarded contractors, the management of the disbursement process, and the provision of progress reports to the IFIs.
The overall objective of the present project is to support the development of a knowledge-based economy in Serbia that responds to future labour market demands in line with the Lisbon Strategy Purpose.
EPTISA Servicios de Ingenieria S.L. acts as the main technical advisor to the Ministry of Science and Technological Development in the implementation of the R&D Infrastructure Investment Initiative and will provide support to the PIU in the tendering and construction of all the related buildings and facilities. The project is implemented according to Serbian legislation and regulations.
The R&D Infrastructure Investment Initiative will include upgrading a mix of hard and soft loan components, including: