Release date: 8 October 2013
Promoter – Financial Intermediary
CITY OF CZESTOCHOWALocation
Description
The project focuses on financing small and medium-scale investment schemes, mainly in the fields of urban renewal, transport, health and education in Czestochowa.
Objectives
The project will contribute to the implementation of a sustainable development strategy of the City of Czestochowa, and in particular, to the improvement of the urban infrastructure such as the internal road network and public transport as well as public buildings (schools, public housing, social care centres, and cultural amenities). The project should contribute to the overall development of the City and enhancement of the overall conditions for life and business in the city.
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 150 million (EUR 35 million)
Total cost (Approximate amount)
PLN 395 million (EUR 92 million)
Environmental aspects
The project is a multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex II of the EIA Directive 2011/92/EU, or may have an impact on an area forming part of the Natura 2000 network. It is a requirement that all the schemes must be implemented in compliance with the EU environmental legislation.
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 - 9/12/2013