Release date: 15 May 2018
Promoter – Financial Intermediary
PKP POLSKIE LINIE KOLEJOWE SALocation
Description
The project concerns the modernisation of the Poznan-Szczecin (195 km) section of railway line E59, part of the core Trans-European Transport Network (TEN-T) Baltic-Adriatic corridor.
Objectives
The project, which is a continuation of the line works started several years ago in the southern sections, will upgrade the line to up to 160 km/h for passenger and 100-120 km/h for freight trains, modernise the energy supply and signalling systems. The objective is to increase the quality of rail services in view of encouraging travel by rail and thus enhance sustainable transport in Poland , in line with EU objectives.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 400 million
Total cost (Approximate amount)
EUR 1080 million
Environmental aspects
The project has been subject to an Environmental Impact Assessment (EIA). The EIA and the development consents are to 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), are to be appraised further.
Procurement
The EIB 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 (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 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
Signed - 27/03/2019
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).