Release date: 14 July 2010
Promoter – Financial Intermediary
The City of Szczecin
Location
Description
The loan will finance investment schemes in the City of Szczecin in the area of street and urban road network, education, sport infrastructure, culture, housing and green areas.
Objectives
The investments will largely target European interest schemes included in the medium to long-term investment programme. Priority objectives will include the environment, human capital, transport of common interest as well as social cohesion.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to PLN 300 million. (around EUR 78 million.)
Total cost (Approximate amount)
Approx. PLN 641 million. (around EUR 166.6 million.)
Environmental aspects
As a Member State, Poland is obliged to follow the relevant EU rules regarding the environmental impact of projects (namely SEA, EIA and Habitat/Natura 2000 Directives) and accordingly it will be required that the promoter implements all the schemes under this Framework Loan in compliance with EU environmental legislation. The Bank’s services will analyse during the appraisal the environmental management capacity of the promoter and carry out the due diligence regarding any scheme proposed for approval (at appraisal stage when possible, or at allocation stage). All the relevant projects’ key documents will be published in line with the Bank’s procedures.
Procurement
EU Directives (2004/18/EC and 2004/17/EC) on procurement have been transposed into national Polish legislation. Tenders shall 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 - 23/11/2010
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).