KIRUNA MALMBERGET URBAN RENEWAL

Promoter – Financial Intermediary

LUOSSAVAARA-KIIRUNAVAARA AB

Location

• Sweden

Description

Following the expansion of the mine exploitation by LKAB, in the two towns Kiruna and Malmberget a process of urban transformation takes place to replace buildings and facilities which are lost. The project comprises sub-projects to be implemented during 2016-2021 in the fields of municipal infrastructure, cultural heritage, housing and spaces for businesses/commercial activities.

Objectives

The investment programme shall lay the basis for a long-term sustainable urban development of the city affected by the expansion of the mining activities.

Sector(s)

• Urban development - Construction

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 238 million

Environmental aspects

The selected sub-projects will be based on a comprehensive urban development plan for the towns. Compliance with the relevant EU Directives will be verified during appraisal:Environmental Impact Assessment (EIA) Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the urban renewal, upgrading and construction investments will be reviewed during project appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project appraisal.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 4/12/2019