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Signature(s)

Amount
€ 75,339,025.61
Countries
Sector(s)
Poland : € 75,339,025.61
Urban development : € 32,395,781.01
Transport : € 42,943,244.6
Signature date(s)
23/11/2010 : € 32,395,781.01
23/11/2010 : € 42,943,244.6
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Summary sheet

Release date
14 July 2010
Status
Reference
Signed | 23/11/2010
20100015
Project name
Promoter - financial intermediary
Szczecin Municipal Infrastructure III

The City of Szczecin

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to PLN 300 million. (around EUR 78 million.)
Approx. PLN 641 million. (around EUR 166.6 million.)
Description
Objectives

The loan will finance investment schemes in the City of Szczecin in the area of street and urban road network, education, sport infrastructure, culture, housing and green areas.

The investments will largely target European interest schemes included in the medium to long-term investment programme. Priority objectives will include the environment, human capital, transport of common interest as well as social cohesion.

Environmental aspects
Procurement

As a Member State, Poland is obliged to follow the relevant EU rules regarding the environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives) and accordingly it will be required that the promoter implements all the schemes under this Framework Loan in compliance with EU environmental legislation. The Bank’s services will analyse during the appraisal the environmental management capacity of the promoter and carry out the due diligence regarding any scheme proposed for approval (at appraisal stage when possible, or at allocation stage). All the relevant projects’ key documents will be published in line with the Bank’s procedures.

EU Directives (2004/18/EC and 2004/17/EC) on procurement have been transposed into national Polish legislation. Tenders shall 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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