Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20120408
    Release date: 4 March 2013

    Promoter – Financial Intermediary

    PKP POLSKIE LINIE KOLEJOWE SA

    Location

    Description

    The project has two components (i) installation of ETCS (European Train Control System) level 1 on approximately 580 km of double track mainline between the German border and Warsaw and (ii) installation of ETCS level 1 on about 120km of double track mainline and improvements to six stations between Siedlce and the Belorussian border.

    Objectives

    The project is located on the Trans-European Transport Network (TEN-T). The project will increase the quality of rail services provided in Poland as well as promote longer distance travel by rail by improving interoperability between Member States. The project will thereby enhance sustainable transport in line with EU objectives. The project is also located in a convergence zone and by facilitating access to the region promotes regional development. The project is therefore eligible under Article 309 point (a) projects to develop less developed regions as well as point (c) common interest. The project is expected to be co-funded under the 2007-2013 Operational Program Infrastructure and Environment.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    EUR 122 million

    Environmental aspects

    The project forms part of the Polish Railway Master Plan to 2030 as well as the Infrastructure & Environment Operational Program 2007 to 2013. Both of these have been subject to high level environmental assessment in accordance (SEA), in compliance with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC. The project includes station improvements which fall under Annex II of Environmental Impact Assessment (EIA) Directive 2011/92/EU and were screened in by the Competent Authorities. Several EIA procedures were performed over the period 2007-2009 and three Environmental Decisions have been issued by the relevant Competent Authorities in Masovian and Lubelskie regions. Overall, the project’s impacts on the environment during construction and operation are expected to be limited. A slight modal shift thanks to increased rail-based mobility can be expected, thus also decreasing traffic-related GHG emissions, although to a limited extent.

    Procurement

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 2/07/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Poland Transport