PLZEN URBAN INFRASTRUCTURE III

Promoter – Financial Intermediary

MESTO PLZEN

Location

• Czech Republic

Description

Multi-sector investment programme aimed at improving urban infrastructure.

Objectives

The proposed Framework Loan will be the third loan with the City of Plzen for the financing of priority municipal investments. The investments are expected to be in the fields of public infrastructure (roads, public transport, pedestrian and green spaces, etc.), cultural facilities and heritage, health, social facilities and environmental improvement and protection measures
Part of the schemes will probably be complemented by EU grant support in the 2014-2020 programming period. The loan will thus both facilitate and accelerate the implementation of EU supported investments.

Sector(s)

• Urban development

Proposed EIB finance (Approximate amount)

CZK 1000 million (EUR 39 million)

Total cost (Approximate amount)

CZK 2000 million (EUR 78 million)

Environmental aspects

Selected schemes will be based on comprehensive urban development and regeneration strategies and plans. The question of the project (i) falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with the EU Directive 2001/42/EC and/or (ii) falling under the Environmental Impact Assessment Directive 2011/92/EU will be further examined during appraisal.
Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings (recast) 2010/31/EU will also be further assessed during project appraisal.

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 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 19/06/2014