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Signature(s)

Amount
€ 231,219,633.74
Countries
Sector(s)
Poland : € 231,219,633.74
Transport : € 231,219,633.74
Signature date(s)
15/09/2010 : € 231,219,633.74
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Summary sheet

Release date
21 July 2009
Status
Reference
Signed | 15/09/2010
20080441
Project name
Promoter - financial intermediary
Warsaw Tramway Project

Tramwaje Warszawskie Sp. z o.o.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 1 bn PLN (ca. EUR 217 million).
Total project cost is estimated at 2 bn PLN (ca EUR 435 million).
Location
Sector(s)
Description
Objectives

The project consists of a set of interventions targeted at modernising and improving the quality of the Warsaw tramway network and services, including some lines extensions and rehabilitation, plus the acquisition of more than 180 new trams, replacing old ones and integrating the existing fleet to serve the new extensions and increase the level of service.

The project is part of the strategy for the improvement of mobility and public transport in Warsaw, and should improve the quality of service (in terms of frequency, speed, connections, comfort and reliability) for public transport users, alleviating private cars pressure and the related problems of pollution, thus improving the quality of the urban environment.

Environmental aspects
Procurement

Poland, as a Member State, is obliged to follow the relevant EU rules in relation to the environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives). The project is a multi-scheme investment loan, with medium-sized investments. Rolling stock acquisition falls out of the scope of the EU EIA Directive, while lines extension and rehabilitation fall under Annex II of the same Directive, according to which the need to carry out an EIA is decided on a case by case analysis. Details will be checked at appraisal stage, when the relevant specific information for each scheme is available and analysed.

The promoter is a public entity subject to EU public procurement regulations. 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 (Directive 2004/17/EEC) with parallel publication of tender notices in the EU Official Journal, as and where appropriate. All the details will be checked at appraisal stage.

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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.

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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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