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    Reference: 20170123
    Release date: 27 April 2017

    Promoter – Financial Intermediary

    PKP POLSKIE LINIE KOLEJOWE SA

    Location

    Description

    Upgrading, modernisation and renewal of the Polish railway network, including access to the main Polish sea ports, and other TEN-T lines

    Objectives

    The project is expected to generate time and vehicle operating cost savings by allowing for more efficient use of existing rail capacity. It may also present environmental and safety benefits due to modal shift from road to rail expected to take place because of better rail services. The project will increase the quality of rail services provided in Poland as well as promote travel by rail and will, thereby, enhance sustainable transport in line with EU objectives. The project is mostly located in convergence zones and by facilitating access promotes regional development.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 755 million

    Total cost (Approximate amount)

    EUR 1279 million

    Environmental aspects

    The project consists of several schemes and requirements concerning the environmental impact assessment (EIA) may vary. The pertinence of the schemes to Annexes I and II of the EIA Directive, the screening decisions, the EIA and the development consents are to be reviewed during appraisal. The project's potential impact on protected areas and species, in accordance with the Habitats and Birds Directives, will also be appraised.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/25/EU or 2004/17/EC, where applicable, as well as Directive 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 - 9/11/2017

    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