Release date: 17 June 2014
Promoter – Financial Intermediary
MIEJSKIE PRZEDSIEBIORSTWO KOMUNIKACYJNE SA W KRAKOWIELocation
Description
The project's objective is to improve the functioning of the Krakow city transport through the purchase of 36 modern tram cars and 40 stationary ticket machines.
Objectives
The project will improve the quality of public transport services in terms of speed, comfort and reliability and will increase the attractiveness of public transport in the urban area of Krakow, thus contributing to reducing reliance on private cars and the negative impact of transport on the environment. In addition, the new trams will use technologically advanced engines that will allow an increase in energy efficiency and a reduction in noise and vibration. Together with other significant actions on transport and environment as envisaged in the Krakow Integrated Public Transport Plan, the project is thus expected to improve the quality of the urban environment in a regionally assisted area.
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 157 million (EUR 38 million)
Total cost (Approximate amount)
PLN 448 million (EUR 108 million)
Environmental aspects
The construction of the new rolling stock will take place in the manufacturer’s plants and does not fall within the scope of Directive 2011/92/EU therefore no Environmental Impact Assessment is required for the project. The project is expected to deliver positive environmental benefits thanks to the substitution of obsolete rolling stock with high performance new trams. The measures to be taken by the promoter in the decommissioning of old rolling stock will be further checked at appraisal as well as all other environmental aspects.
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 (Directives 2004/17/EC and 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 6/07/2015
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).