Release date: 17 September 2013
Promoter – Financial Intermediary
PARDUBICKY KRAJLocation
Description
A multi-sector framework facility for financing investment schemes within the Regional Investment Programme.
Objectives
The proposed Framework Loan will be the third operation with the Promoter (Pardubice Region) for financing of priority regional investments. Both previous operations have been fully disbursed and allocated.
Majority of the schemes are expected to be complemented by EU grant support in the 2007-2013 programming period. The loan will thus both facilitate and accelerate the implementation of EU supported investments.
Comments
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Sector(s)
Proposed EIB finance (Approximate amount)
CZK 600 million (EUR 23 million)
Total cost (Approximate amount)
CZK 1200 million (EUR 46 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 II of the EIA 2011/92/EU Directive. 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, the Pardubice Region, will be 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 - 19/12/2013