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    Reference: 20180077
    Release date: 30 May 2018

    Promoter – Financial Intermediary

    CITY OF LEGNICA

    Location

    Description

    The project will support eligible investment schemes in the city of Legnica in Poland in the 2018-2023 period. It will focus on urban development and infrastructure modernisation. The loan will be signed under the Silesia Urban Infrastructure Programme (2017-0117)Programme Loan.

    Objectives

    The proposed municipal framework loan will support eligible schemes coherent with the 2015-2020 Development Strategy and included in the multi-annual Investment Plan for the city of Legnica. It will contribute to the modernisation of public infrastructure, services, and sustainable urban development, particularly through investments in the sectors of urban roads, public transport, water, social, education, culture, sports and other public infrastructure and services, including energy-efficiency measures.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    PLN 136 million (EUR 32 million)

    Total cost (Approximate amount)

    PLN 273 million (EUR 63 million)

    Environmental aspects

    The Bank will generally allocate its funds only to eligible schemes which are environmentally sound. All schemes must comply with EU environmental legislation as well as comply with the principles and standards of the Bank's Environmental Policy Statement. With the appropriate conditions in place the project is acceptable for financing in environmental and social terms.

    Procurement

    The promoter is subject to the public procurement regime. The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU (OJEU), as and where required.

    Status

    Signed - 26/04/2019

    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 Urban development Transport