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Summary sheet

Release date
17 July 2007
Status
Reference
Signed | 07/01/2010
20070182
Project name
Promoter - financial intermediary
Lodz Regional Tramway
Miejskie Przedsiębiorstwo Komunikacyjne - Łódź Sp. z o.o.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 21 million.
Estimated at EUR 66 million. (PLN 253 million)
Location
Sector(s)
Description
Objectives

The project covers investments relating to modernisation of tram infrastructure, reconstruction of the road infrastructure, supply of rolling stock and traffic management system for the City of Łódź section of the Regional Tramway Zgierz-Łódź-Pabianice.

The investments aim at increasing the capacity and quality of the public transport services in the City of Lodz.

Environmental aspects
Procurement

The project falls under Annex II of Directive 85/337/CEE (as amended by Directive 97/11/EC). Due to the predominantly urban characteristics of the project, environmental impacts are expected to be limited and Natura 2000 areas unlikely to be affected. The project should have positive effects on the environment, particularly in view of the improvement in the quality of the urban environment and the reduction of greenhouse gasses emission due to the expected decrease of car traffic in the city centre. Compliance of the project with the respective Directives will be assessed during appraisal.

The Bank will require the Promoter to ensure, where applicable, that the investments to be financed under the present operation will comply with EU procurement Directives.

Link to source
Summary sheet

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).

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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.
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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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