Release date: 30 April 2024
Promoter – Financial Intermediary
STATUTARNI MESTO BRNOLocation
Description
The operation consists in a framework loan to the City of Brno.
Objectives
The aim is to finance urban infrastructure investments and improvements.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
CZK 6000 million (EUR 237 million)
Total cost (Approximate amount)
CZK 12674 million (EUR 500 million)
Environmental aspects
The promoter's environmental management capacity to properly apply the relevant EU Directives will be verified during appraisal, particularly with regard to EU Environmenta Impact Assessment (EIA) Directive 2011/92/EU amended by 2014/52/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the construction and refurbishment investments will also be further assessed during Project appraisal. The schemes under the Framework Loan should have an overall positive impact on the environment by promoting sustainable urban development and reducing energy consumption.
Procurement
The promoter has to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive2014/23/EU /2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/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.
Status
Under appraisal - 22/03/2024
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).