Release date: 17 January 2003
Promoter – Financial Intermediary
Republic of Poland acting through the Office for Flood Damage Recovery in the Chancellery of the Prime Minister.Location
Description
The Project will consist of two components: (i) implementation of a comprehensive landslide risk management system and (ii) protection of infrastructure at risk from active landslides.
Objectives
The project will both help to protect existing infrastructure and provide a basis for sustainable management of risks associated with landslide provoked natural disasters.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 50 million
Total cost (Approximate amount)
Approximately EUR 70 million
Environmental aspects
The proposed loan will be used to part-finance “soft” and “hard” investments intended to protect against future landslide risk. “Hard” investments comprising a large number of geographically dispersed schemes will be designed in accordance with relevant Polish and EU environmental regulations including Environment Impact Assessments where appropriate.
Procurement
Compliant with EU Directives.
Status
Signed - 3/06/2003
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).