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    Reference: 20120673
    Release date: 24 July 2013

    Promoter – Financial Intermediary

    MINISTRY OF TRANSPORT

    Location

    Description

    Construction of 5 sections of the S8 expressway from Warsaw to Bialystok

    Objectives

    The project is located in a Convergence region and is therefore eligible under Article 309(a). The project road is included in the current TEN-T and is proposed for inclusion in the TEN-T comprehensive (i.e. non-core) road network as part of the on-going Revision Guidelines to be approved by the Council and Parliament. The project is therefore also eligible under Article 309 (c) of the EC treaty. The project is expected to benefit from grant finance under the Operational Program Infrastructure and Environment in the next financing perspective. The consistency of the project with the policy for lending to the transport sector (Decision CA/452/11) depends on its economic profitability and will be confirmed during appraisal.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    PLN 680 million (EUR 163 million)

    Total cost (Approximate amount)

    PLN 1706 million (EUR 408 million)

    Environmental aspects

    The project falls under Annex 1 of the Environmental Impact Assessment Directive 2011/92/EU and is the subject to a full EIA procedure. The provisions of the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC) apply. None of the sections appear to cross the Natura 2000 areas but are close to the following protected zones Bagienna Dolina Narwi (PLB 200001) and Bagno Wizna (PLB 200005). During appraisal the impact of the project on the environment will be determined.

    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 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 17/12/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Poland Transport