Release date: 29 August 2008
Promoter – Financial Intermediary
City of Bydgoszcz
Location
Description
The project concerns the financing of some urban infrastructure schemes in the City of Bydgoszcz, as listed in its Multi-Annual Investment Programme. The investments mainly cover the fields of transport, roads, cultural heritage and social infrastructures. Some of these schemes are expected to be complemented by EU grant support from the Structural Funds.
Objectives
To improve the urban infrastructure of the City of Bydgoszcz in order to increase the quality of life of its citizens and the functionality of the City as well as stimulate new investments.
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 230 million (EUR 69 million).
Total cost (Approximate amount)
PLN 460 million (EUR 138 million).
Environmental aspects
Poland as a Member State has the obligation of following EU relevant rules in relation to environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives). The Bank’s appraisal will focus on the promoter’s environmental management capacity and on the verification of the respect of the correct application of the appropriate Directives 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
The promoter is a public entity and is therefore subject to EU Public Procurement rules. 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 - 25/11/2008
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).