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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Hungary : € 30,000,000
Urban development : € 30,000,000
Signature date(s)
22/12/2014 : € 30,000,000
Link to source

Summary sheet

Release date
26 May 2014
Status
Reference
Signed | 22/12/2014
20140177
Project name
Promoter - financial intermediary
PECS URBAN DEVELOPMENT
The project concerns a multi-sector framework facility for financing investment schemes within the city's Integrated Urban Development Plan. The project will include schemes, typically of small to medium size, mainly in the fields urban regeneration, transport, energy efficiency and environment, employment, and possibly also in other sectors.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 200 million
Location
Sector(s)
Description
Objectives

Urban development in City of Pecs

The improvement and upgrading of municipal infrastructure is a pre-condition for the City's continuing economic development, and a prerequisite for increasing its attractiveness to investors, whilst simultaneously improving the quality of life of its citizens, upgrading the urban environment and valorising the existing resources such as the relevant cultural and historical attractions.

Environmental aspects
Procurement

Some of the schemes might eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, as amended. If any scheme had a negative impact on an area forming part of Natura 2000 network (falling under Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC) the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into national law.

The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national or regional legislation.

Comments

-

Link to source
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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).

Documents

Environmental and Social Data Sheet (ESDS) - PECS URBAN DEVELOPMENT
Publication Date
22 Oct 2014
Document language
Main Topic
Lending
Document Number
55536661
Document Focus
Environmental Information
Project Number
20140177
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - PECS URBAN DEVELOPMENT
Publication Date
28 Nov 2024
Document language
Main Topic
Lending
Document Number
214351725
Document Focus
Environmental Information
Project Number
20140177
Sector(s)
Regions
Countries
Publicly available
Download now
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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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