22 May 2023
Promoter – Financial Intermediary
ZARZAD MORSKIEGO PORTU GDYNIA SA
The loan concerns the construction of the Phase 1 of the new Outer Port in the Port of Gdynia (Poland), which will house a container terminal with a target capacity of 800,000 TEU annually. It consists in a multimodal connected maritime terminal with direct rail access, enhancing the interoperability between transport modes, thereby improving the sustainability of the transport chains and reducing market failures related to transport externalities.
The project will be procured under a public-private partnership (PPP).
In line with the EU priority objectives, the project aims to increase the capacity and efficiency of the Trans-European Transport Network (TEN-T) by providing extra maritime container handling capacity in a core TEN-T port in north Poland. It contributes to the connectivity of land-locked countries bordering Poland and provide additional competitive logistic solutions for exporters and importers in those countries.
Additionally, it enables a modal shift from more carbon intensive transport modes to rail and maritime transport.
The project is therefore eligible under Article 309 point (a) projects for developing less-developed regions and point (c) common interest.
Quality of the Project: The project will provide for additional capacity and increased efficiency in the TEN-T transport network. It increases connectivity between different countries and improves the functioning of the internal market. The project will improve sustainable transport connections in the northern Polish hinterland. The availability of high quality and well-connected port facilities allows importers and exporters to optimise their supply chain and increase competitiveness. The economic costs and benefits and resulting economic return will be assessed in detail during appraisal.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
The project obtained an environmental authorisation in September 2021, under which the promoter currently intends to implement the project. The requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC, Habitats Directive 92/43/EEC and Water Framework Directive 2000/60/EC will be verified during appraisal.
The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, particularly to climate mitigation and climate adaptation.
The Bank will require the promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Under appraisal - 27/02/2023