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Signature(s)

Amount
€ 600,000,000
Countries
Sector(s)
Poland : € 600,000,000
Transport : € 600,000,000
Signature date(s)
23/12/2022 : € 600,000,000
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Summary sheet

Release date
20 September 2022
Status
Reference
Signed | 23/12/2022
20210109
Project name
Promoter - financial intermediary
PLK E65 SOUTHERN SECTION PHASE II
PKP POLSKIE LINIE KOLEJOWE SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
EUR 2400 million
Location
Sector(s)
Description
Objectives

Modernisation of a key section of the railway line from Bedzin through Katowice to the border between the Czech Republic and Slovakia (E65 LOT A, A1, B and D).

The project is part of a multi-phased modernisation of the railway line from Bedzin through Katowice to the Polish/Czech border. The project is expected to increase the quality of rail services provided in Poland, as well as promote travel by rail and should, thereby, enhance sustainable transport in line with EU objectives. The project is located in a convergence zone (Slaskie Region (NUTS PL22)) and promotes regional development by facilitating access.

Additionality and Impact

The Project is part of a multi-phase railway modernisation between the Bedzin - Katowice - Zebrzydowice - CZ state border in Poland and concerns the upgrade and construction of approximately 230 km of railway track. It is located in a cohesion region along the Baltic - Adriatic and North Sea - Baltic Core TEN-T Corridor and helps to fulfil a wide range of EU public policy goals, and is thus expected to receives EU CEF grants, which the Bank financing will complement.


The Project supports the shift of passenger and freight traffic to rail and addresses market failures by minimising a number of transport externalities, such the harm to humans in terms of accidents and loss of life, or environmental externalities like noise, pollution and CO2 emissions.


The Project generates good economic and good social benefits, e.g. by reducing travel times and by offering better access for persons with reduced mobility. The project will bring benefits to passengers and ensures sustainable transportation of freight.


The terms and conditions of the EIB loan, notably in terms of long tenor (up to 30 years), flexible terms of drawdowns adjusted to the needs of the Project and advantageous financial terms will increase the financial flexibility and investment capacity of PLK and will be complementary to EU grants. The Bank's contribution will therefore facilitate the completion of the Project on favourable terms and in a timely manner.




 

Environmental aspects
Procurement

The project has been subject to an Environmental Impact Assessment (EIA) in accordance with the Directive 2011/92/EU. The EIA and the development consents are to be reviewed during appraisal. The project's potential impacts on protected areas and species, in accordance with the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC), are to be appraised further.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/25/EU, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Related documents
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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 Impact Assessment (ESIA) - PLK E65 SOUTHERN SECTION PHASE II - Streszczenie Raportu o oddziaływaniu przedsięwzięcia na środowisko
Publication Date
4 Nov 2022
Document language
Main Topic
Lending
Document Number
163013945
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - PLK E65 SOUTHERN SECTION PHASE II - Raport o oddziaływaniu przedsięwzięcia na środowisko - Katowice
Publication Date
4 Nov 2022
Document language
Main Topic
Lending
Document Number
163014123
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - PLK E65 SOUTHERN SECTION PHASE II - Raport o oddziaływaniu przedsięwzięcia na środowisko - Linia Kolejowa E65 na odcinku Będzin – Katowice Szopienice Południowe
Publication Date
4 Nov 2022
Document language
Main Topic
Lending
Document Number
163013240
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - PLK E65 SOUTHERN SECTION PHASE II - Raport o oddziaływaniu przedsięwzięcia na środowisko - Zadanie 2 – stacja kolejowa Zebrzydowice - UZUPEŁNIENIE
Publication Date
4 Nov 2022
Document language
Main Topic
Lending
Document Number
163014338
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - PLK E65 SOUTHERN SECTION PHASE II - Raport o oddziaływaniu przedsięwzięcia na środowisko - Zadanie 2 – stacja kolejowa Zebrzydowice
Publication Date
4 Nov 2022
Document language
Main Topic
Lending
Document Number
163012852
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - PLK E65 SOUTHERN SECTION PHASE II
Publication Date
5 Dec 2022
Document language
Main Topic
Lending
Document Number
155683933
Document Focus
Environmental Information
Project Number
20210109
Sector(s)
Regions
Countries
Publicly available
Download now
Link to source

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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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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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