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    Reference: 20210370
    Release date: 11 June 2021

    Promoter – Financial Intermediary

    CITY OF CZESTOCHOWA

    Location

    Description

    The project will support eligible investment schemes in the City of Czestochowa (Poland) in the 2021-2026 period. It will focus on urban development and infrastructure modernisation. The loan will be signed under the Programme Loan SILESIA SUSTAINABLE DEVELOPMENT PROGRAMME (2021-0206).

    Objectives

    The proposed municipal framework loan will support eligible schemes coherent with the City of Czestochowa development strategy. It will contribute to the modernisation of municipal public infrastructure and services.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    PLN 250 million (EUR 53 million)

    Total cost (Approximate amount)

    PLN 559 million (EUR 119 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.

    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, Directive 2014/25/EU, as well as Directive 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU (OJEU), as and where required.

    Status

    Approved - 19/11/2021

    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