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        BGK-NRF ROAD REHABILITATION

        Signature(s)

        Amount
        € 300,000,000
        Countries
        Sector(s)
        Poland : € 300,000,000
        Transport : € 300,000,000
        Signature date(s)
        30/07/2007 : € 300,000,000

        Summary sheet

        Release date
        16 October 2006
        Status
        Reference
        Signed | 30/07/2007
        20060267
        Project name
        Promoter - financial intermediary
        BGK – NRF Road Rehabilitation
        Republic of Poland
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 300 million.
        EUR 600 million.
        Location
        Sector(s)
        Description
        Objectives

        Rehabilitation of national road network in Poland to enhance structural capacity and to improve the ride quality in relation to increasing traffic demand.

        The project will contribute to increasing efficiency of road transport in Poland at a time when the existing road network has been severely strained by high growth in vehicle ownership and traffic. It will improve travel times, vehicle operating costs and safety conditions, as well as benefit the urban environment.

        Environmental aspects
        Procurement

        The environmental impact is expected to be relatively low as all works are within the existing rights-of-way. Environmental issues will be reviewed to ensure that components to be supported by the Bank do not affect any sensitive areas or have any other significant negative impact. Attention will be also paid to ensure that appropriate mitigation measures will be implemented wherever necessary.

        Compliance with EC directives and national legislation and guidelines will be assessed during the appraisal.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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