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Signature(s)

Amount
€ 152,000,000
Countries
Sector(s)
Ukraine : € 152,000,000
Transport : € 152,000,000
Signature date(s)
25/10/2013 : € 152,000,000
Link to source

Summary sheet

Release date
6 March 2012
Status
Reference
Signed | 25/10/2013
20100492
Project name
Promoter - financial intermediary
DNIPROPETROVSK METRO COMPLETION
DNIPROPETROVSKIY METROPOLITEN
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 152 million
EUR 305 million
Location
Sector(s)
Description
Objectives

The project consist of extending the existing metro line in Dnipropetrovsk by 4.0 kilometres and adding 3 stations. This would bring the metro service to the city centre to serve areas of high urban density and activity.

The project will improve public transport in Dnipropetrovsk by extending the metro network into the city centre, making it more attractive for commuters. Consequently, it is expected that the investment results in a modal shift away from private car use, thus reducing the negative impacts of car transport on the environment.

Environmental aspects
Procurement

Outside the EU, the Bank refers to EU law as the benchmark of its EIA requirements. In the EU, the extension of a metro falls under Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC and consequently the Competent Authority needs to determine whether an EIA is required. In this case, an Environmental and Social Impact Assessment (ESIA) is being prepared. The project’s compliance with all applicable EU and national environmental legislation and the Bank’s social standards will be verified during appraisal.

The Promoter is a public entity, and should consequently follow open international public procurement procedures. The Bank will require the Promoter to tender contracts for the implementation of the project in accordance with the Bank's guide to procurement, with publication of tender notices in the EU Official Journal, as and where appropriate. The procurement procedures will be monitored by the Bank.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - DNIPROPETROVSK METRO COMPLETION
Publication Date
3 Jun 2015
Document language
Main Topic
Lending
Document Number
59484371
Document Focus
Environmental Information
Project Number
20100492
Sector(s)
Countries
Publicly available
Download now

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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