Release date: 13 March 2002
Promoter – Financial Intermediary
Bank Gospodarstwa KrajowegoLocation
Description
Loan Facility to finance small and medium scale projects in the field of modernisation of dwellings for rental or the construction of rental dwellings included in urban renewal areas in Poland.
Objectives
The project aims at the improvement of the urban environment and the living conditions of tenants in many Polish cities. The project will also help to alleviate the huge residual as well as anticipated demand for affordable housing in the most dynamic areas of Poland, thus encouraging labour mobility and providing pre-accession support to the country.
Comments
Urban Renewal
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 mio
Total cost (Approximate amount)
Over EUR 400 mio
Environmental aspects
All projects approved under the Facility to comply with relevant national and EU legislation, including the procedures Directive 97/11/EC, on the protection of the environment, as appropriate, taking also into account the efforts made by Poland on enacting national environmental legislation which is quickly being harmonised with EU law.
Procurement
All projects approved under the Facility to comply with the 1997 Polish Public Procurement Law 1997. No local preference applies.
Status
Signed - 21/06/2002
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).