Release date: 24 October 2011
Promoter – Financial Intermediary
Miasto Stoleczne Warszawa
Location
Description
The project involves the construction and upgrading of roads and associated infrastructure in three main schemes in Warsaw, Poland, namely the construction of Nowolazurowa street, the interchange on Siekierkowska Route as well as capacity extension and modernisation of Marsa street. The project is to be allocated under Warsaw Municipal Infrastructure III framework loan.
Objectives
The selected investments will largely target European interest schemes included in the city’s medium term investment programme and are expected to contribute to the development strategy of the City of Warsaw. The project is eligible under article 267 points (a) of the EC Treaty and internally classified under the Convergence objective.
Comments
Project under framework loan
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 250 million (EUR 57million)
Total cost (Approximate amount)
PLN 555 million (EUR 126 million)
Environmental aspects
The schemes are expected to fall under annex II of the EIA Directive 85/337/EEC as amended by Directives 97/11/EEC and 2003/35/EC and will be screened by the Competent Authority. In addition the project has the potential to impact Natura 2000 sites and so compliance with the Habitats (92/43/EEC) and Birds Directive (79/409/EEC) would be assessed and where applicable, full EIA's and signed declarations would be required in keeping with the legislation.
Procurement
The construction works and associated supervision are to be procured by the Promoter in accordance with EU (Directive 2004/18/EC) and national regulations . During appraisal compliance with these procedures will be reviewed.
Status
Under appraisal - 24/10/2011
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).