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    Reference: 20160409
    Release date: 21 October 2016

    Promoter – Financial Intermediary

    CITY OF POZNAN

    Location

    Description

    Part-financing of medium to large investment schemes in the city of Poznan relating mainly to urban transport, roads, education, social infrastructure and municipal services

    Objectives

    The project consists of: • the construction of a new tram line, • 4 schemes for modernisation of tram lines, • the reconstruction of road civil structures, • the construction of a cycle/pedestrian bridge, • the construction of an education unit and social infrastructure. The project's objectives are: firstly, to improve the environment and reduce traffic congestion in Poznan by promoting sustainable public transport through modernisation and extension of the tram network; secondly, to improve the social environment by developing various social infrastructure facilities; and thirdly, to increase the attractiveness of Poznan by developing its educational facilities.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    PLN 500 million (EUR 116 million)

    Total cost (Approximate amount)

    PLN 1000 million (EUR 231 million)

    Environmental aspects

    The project includes multiple schemes, some of which may fall under Annex I or II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. For any scheme with a potential negative impact on a Natura 2000 area (falling under the Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC) the Bank requires the promoter to act according to the provisions of the aforementioned directives as transposed into the national law. It is a general requirement that all schemes must be implemented in compliance with the EU environmental legislation. This will be addressed during appraisal for the concerned projects. The same principle applies for the refurbishment or construction of any buildings that may be included in any schemes forming part of the project: in this case, the Bank will require the promoter to comply with the EU Directive on energy performance of buildings.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 8/12/2016

    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 Services