TORUN URBAN INFRASTRUCTURE

Promoter – Financial Intermediary

CITY OF TORUN

Location

• Poland

Description

The project covers small, medium and large investment schemes in the City of Torun under the new EU financial perspective 2014-2020. The investments are mainly in the fields of road upgrading, urban renewal and construction or upgrading of public buildings.

Objectives

The project will contribute to the implementation of the development strategy of Torun until 2020, and in particular to the improvement of the urban infrastructure such as the internal road network and public buildings (e.g.: cultural amenities). The project should contribute to the overall development of the city and enhancement of the overall conditions for life and business in the city.

Sector(s)

• Urban development - Construction
• Transport - Transportation and storage

Proposed EIB finance (Approximate amount)

PLN 330 million (EUR 80 million)

Total cost (Approximate amount)

PLN 2583 million (EUR 626 million)

Environmental aspects

Some of the schemes might fall under Annex I or II of Directive 2011/92/EU on environmental impact assessment (EIA). If any scheme had a negative impact on an area forming part of Natura 2000 network (falling under Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned directives, as transposed into national law.

Procurement

The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate.

Status

Signed - 23/09/2015