Release date: 18 July 2024
Promoter – Financial Intermediary
SPRAVA ZELEZNIC STATNI ORGANIZACELocation
Description
The project will finance the upgrade, modernisation and renewal of multiple schemes of Trans-European Transport Network (TEN-T) and regional railway lines, as well as the acquisition and modernisation of various maintenance vehicles and equipment used by the rail infrastructure manager.
Objectives
The project is expected to increase the quality of rail services provided in the country, as well as promote travel by rail, reducing the use of road transport and the associated negative impacts on the local environment, road safety and greenhouse gas emissions and, thereby, contribute to the sustainable transport, in line with the EU objectives. Being mostly located in EIB Cohesion Priority Regions and facilitating access to them, the project also promotes regional development.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
CZK 55266 million (EUR 2187 million)
Total cost (Approximate amount)
CZK 110531 million (EUR 4375 million)
Environmental aspects
The project will consist of multiple schemes and their compliance with the requirements of the environmental impact assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU and the development consents will be reviewed during appraisal. The project's potential impacts on protected areas and species, in accordance with the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC) will also be appraised. All else equal, the project is expected to have a positive environmental impact by helping the railways to maintain modal share. Furthermore, the project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate change mitigation.
Procurement
The promoter has to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant 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.
Status
Under appraisal - 17/06/2024
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).