Release date: 7 March 2005
Promoter – Financial Intermediary
City of Wrocław.Location
Description
The Project focuses on financing of small and medium-scale investment schemes in the fields of transport, environmental protection, health and education, urban renewal and rehabilitation of municipal infrastructure and community facilities in Wrocław and in particular schemes supported by the European Union under Structural Funds.
Objectives
To improve the urban infrastructure of the City of Wrocław in order to increase the quality of life of its citizens and the functionality of the City as well as stimulate new investments and increase of the City’s competetiveness.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million in the years 2005-2007, EUR 25 million annually in accordance with the respective City Council’s decisions on annual budgets.
Total cost (Approximate amount)
EUR 150 million.
Environmental aspects
Schemes will be designed in accordance with relevant Polish and EU environmental regulations including Environmental Impact Assessments where appropriate. Particular attention will be paid to nature conservation aspects.
Procurement
The Borrower will be requested to ensure compliance of the sub-projects with EU directives.
Status
Signed - 8/12/2005
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).