Release date: 12 May 2009
Promoter – Financial Intermediary
City of Warsaw
Location
Description
The project concerns the financing of different investment schemes in the City of Warsaw, listed in its short-medium term Investment Programme.
Objectives
The investments mainly cover the fields of transport and local road modernisation, but include also medium and small investments in the fields of health and education, cultural and historical heritage, rehabilitation and improvement of public buildings, including public sports facilities.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to PLN 700 million. (EUR 150 million.).
Total cost (Approximate amount)
Estimated project cost is at some PLN 1 400 million. (EUR 300 million.).
Environmental aspects
Poland, as a Member State, is obliged to follow the relevant EU rules in relation to the 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 correct application of these Directives, including undertaking of SEA/EIAs and an assessment of the requirements of the Habitat and Bird Directive where appropriate; all the project’s relevant 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 national Polish legislation. Tenders will be/have been organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for projects above thresholds.
Status
Signed - 30/10/2009
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).