Release date: 24 May 2023
Promoter – Financial Intermediary
CITY OF CHORZOWLocation
Description
The project will support investment programme implemented by the City of Chorzow (Poland). 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 Chorzow development strategy. It will contribute to the modernisation of municipal public infrastructure and services.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
PLN 250 million (EUR 58 million)
Total cost (Approximate amount)
PLN 550 million (EUR 127 million)
Environmental aspects
The EIB 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 EIB's Environmental Policy Statement.
Procurement
The promoter is subject to the public procurement regime, hence it is required to ensure that the contracts for the project implementation 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 - 29/02/2024
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).