Release date: 18 October 2005
Promoter – Financial Intermediary
The Region of Olomouc (Olomoucký kraj)Location
Description
Rehabilitation of priority road sections located on the regional network (Class II and III) classified as in poor or critical condition. All schemes to be included will be identified and appraised individually by the Bank.
Objectives
The project will promote favourable conditions for economic and social development in an Objective 1 region under Article 267 of the EC Treaty, point a) regional development.
Comments
Roads.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 30 million.
Total cost (Approximate amount)
EUR 60 million.
Environmental aspects
Current environmental impact legislation in the Czech Republic is based on the Act No 100/2001 Coll. on EIA and reflects relevant EU legislation (namely Directive 85/337/EEC as amended by Directive 97/11/EC).
Procurement
EU Procurement Directives have been transposed into the national legislation, and appropriate procedures will be applied for tendering of services, supplies and works.
Status
Signed - 13/12/2005
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).