Release date: 27 September 2011
Promoter – Financial Intermediary
City of Krakow
Location
Description
The project covers small and medium size investment schemes in fields of transport and local roads modernisation, health and education, cultural and historical heritage and public buildings rehabilitation in the City of Krakow.
Objectives
The project comprises selected elements of the investment programme of the Polish city of Kraków, which is located in a Convergence region. It is therefore eligible for support under Article 309 point (a) projects for developing less-developed regions and point (c) common interest: sustainable communities.
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 800 million (approx. EUR 200 million)
Total cost (Approximate amount)
PLN 1 600 million (approx. EUR 400 million)
Environmental aspects
The project comprises a multi-scheme operation classified as a Framework Loan and some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with the EU environmental legislation.
Procurement
The promoter, as a public administration entity, is required to follow the EU public procurement rules (2004/18/EC), including the publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.
Status
Signed - 25/05/2012
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).