Release date: 24 September 2012
Promoter – Financial Intermediary
REPUBLIC OF POLANDLocation
Description
Infrastructure investments by local authorities supported by governmental grants.
Objectives
The project comprises of the investment schemes of the Polish municipalities, which are all located in Convergence regions. It is therefore eligible 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)
EUR 1000 million
Total cost (Approximate amount)
EUR 3500 million
Environmental aspects
The project is a multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex II of the EIA Directive 2011/92/EU, 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 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 (Dir 2004/18/EC or 2004/17/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required
Status
Signed - 29/11/2012
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).