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    Reference: 20130144
    Release date: 5 July 2013

    Promoter – Financial Intermediary

    MESTO PLZEN

    Location

    Description

    Multi-sector investment programme aimed at improving urban infrastructure.

    Objectives

    The proposed Framework Loan will be the third loan with the City of Plzen for the financing of priority municipal investments. The investments are expected to be in the fields of public infrastructure (roads, public transport, pedestrian and green spaces, etc.), cultural facilities and heritage, health, social facilities and environmental improvement and protection measures
    Part of the schemes will probably be complemented by EU grant support in the 2014-2020 programming period. The loan will thus both facilitate and accelerate the implementation of EU supported investments.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    CZK 1000 million (EUR 39 million)

    Total cost (Approximate amount)

    CZK 2000 million (EUR 78 million)

    Environmental aspects

    Selected schemes will be based on comprehensive urban development and regeneration strategies and plans. The question of the project (i) falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with the EU Directive 2001/42/EC and/or (ii) falling under the Environmental Impact Assessment Directive 2011/92/EU will be further examined during appraisal.
    Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings (recast) 2010/31/EU will also be further assessed during project appraisal.

    Procurement

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 19/06/2014

    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).

    Related tags

    Czechia Urban development