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    Signature(s)

    Amount
    € 125,565,042.69
    Countries
    Sector(s)
    Poland : € 125,565,042.69
    Urban development : € 5,022,601.71
    Transport : € 120,542,440.98
    Signature date(s)
    26/11/2010 : € 5,022,601.71
    26/11/2010 : € 120,542,440.98

    Summary sheet

    Release date
    3 June 2010
    Status
    Reference
    Signed | 26/11/2010
    20100233
    Project name
    Promoter - financial intermediary
    Lublin Municipal Infrastructure

    The City of Lublin

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to PLN 397 million. (around EUR 100 million.)
    Approx. PLN 1.15 billion. (around EUR 290 million.)
    Description
    Objectives

    This framework loan will finance medium-scale multi-sector investment schemes in the City of Lublin in the areas of roads, public transport, education, and culture.

    Schemes will be selected from the 2009-2015 investment plan. The envisaged sub-projects are considered coherent with the Lublin Development Strategy for 2008-2015 intended to improve the quality of life of its residents. The project will be complementary to the EU Grant support from Structural Funds.

    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 implement 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 policy-defined 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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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