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Signature(s)

Amount
€ 118,213,030.53
Countries
Sector(s)
Poland : € 118,213,030.53
Transport : € 118,213,030.53
Signature date(s)
24/09/2008 : € 33,424,853.77
20/10/2008 : € 84,788,176.76
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Summary sheet

Release date
5 May 2008
Status
Reference
Signed | 24/09/2008
20080039
Project name
Promoter - financial intermediary
Warsaw Transport Infrastructure
City of Warsaw
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
PLN 400 m (EUR 113.30 million)
PLN 800 m (EUR 226.60) million
Location
Sector(s)
Description
Objectives

The project concerns part-financing of investment schemes in the road infrastructure of the City of Warsaw.

The selected investments are included in the city’s medium-term investment programme and are expected to contribute to the development 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.

Environmental aspects
Procurement

Poland as a Member State has harmonised its environmental legislation in line with the relevant EU Directives (85/337/EC as amended and 2001/42/EC). The Bank’s appraisal will focus on the promoter’s environmental management capacity and on the verification of the respect of their correct application both for the global programme and for each of the selected road schemes, including undertaking of SEA/EIAs and assessment of requirements of the Habitat and Bird Directive where appropriate; all the relevant project’s key documents will be published in line with the Bank’s procedures.

EU Directives (2004/18/EC and 2004/17/EC) have been transposed into the national Polish legislation. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds. Application of EU procedures by the Polish authorities for the tender of services, supplies and civil works will be reviewed by the Bank’s services during appraisal.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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