Release date: 25 October 2011
Promoter – Financial Intermediary
City of Torun
Location
Description
The project will contribute to the implementation of the development strategy of the city of Toruń, and in particular, to the improvement of the urban infrastructure through the optimisation of the internal road network and public transport, urban renewal and regeneration, preservation of cultural heritage, and improvement of energy efficiency in schools.
Objectives
The project comprises selected elements of the investment programme of the Polish city of Toruń, 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 300 million (EUR 72 million)
Total cost (Approximate amount)
PLN 846 million (EUR 204 million)
Environmental aspects
The project is a multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex I or II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, or may have an impact on an area forming part of the Natura 2000 network. It is a requirement that all the 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 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 - 31/08/2012
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).