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    Reference: 20060350
    Release date: 2 March 2007

    Promoter – Financial Intermediary

    The Region of Olomouc (Olomoucký kraj)

    Location

    Description

    The loan, to be set up as a framework facility, will cover the Olomouc Region's investment needs pertaining to the 2007-13 EU Structural Funds programming period. The project will comprise schemes included in the Regional operational programme Central Moravia and in other, sectoral operational programmes, as well as possibly some schemes that do not receive EU grant assistance.

    Objectives

    The project will promote favourable conditions for economic and social development in a Convergence objective region.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to CZK 3 billion.

    Total cost (Approximate amount)

    Approx. CZK 9 billion.

    Environmental aspects

    Current environmental legislation in the Czech Republic is based on Act No 100/2001 on EIA and Act No 117/1992 on Nature and Landscape Protection - Natura 2000 and reflects relevant EU legislation.

    Procurement

    EU Procurement Directives have been transposed into the national legislation (Act No 137/2006), and appropriate procedures will be applied for tendering of services, supplies and works.

    Status

    Signed - 28/06/2007

    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).

    Related tags

    Czech Republic Composite infrastructure Transport Health Education