Warsaw Transport Infrastructure

Promoter – Financial Intermediary

City of Warsaw

Location

• Poland

Description

The project concerns part-financing of investment schemes in the road infrastructure of the City of Warsaw.

Objectives

The selected investments are included in the city’s medium-term investment programme and are expected to contribute to the development of the City of Warsaw. The project is eligible under article 267 points (a) of the EC Treaty and internally classified under the Convergence objective.

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

PLN 400 m (EUR 113.30 million)

Total cost (Approximate amount)

PLN 800 m (EUR 226.60) million

Environmental aspects

Poland as a Member State has harmonised its environmental legislation in line with the relevant EU Directives (85/337/EC as amended and 2001/42/EC). The Bank’s appraisal will focus on the promoter’s environmental management capacity and on the verification of the respect of their correct application both for the global programme and for each of the selected road schemes, including undertaking of SEA/EIAs and assessment of requirements of the Habitat and Bird Directive where appropriate; all the relevant project’s key documents will be published in line with the Bank’s procedures.

Procurement

EU Directives (2004/18/EC and 2004/17/EC) have been transposed into the national Polish legislation. Tenders will be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds. Application of EU procedures by the Polish authorities for the tender of services, supplies and civil works will be reviewed by the Bank’s services during appraisal.

Status

Signed - 24/09/2008