Release date: 18 October 2017
Promoter – Financial Intermediary
THE CITY OF ZABRZELocation
Description
The project will support eligible investment schemes in line with the development strategy of the City of Zabrze (Poland) in the 2017-2022 period. It will focus on urban development and modernisation of municipal infrastructure. The loan will be signed under the Programme Loan SILESIA URBAN INFRASTRUCTURE PROGRAMME (2017-0117).
Objectives
The proposed municipal framework loan will support eligible schemes coherent with the Development Strategy (2008-2020) and included in the Multi-annual Investment Plan (2017-2028) of the City of Zabrze. It will contribute to modernisation of public infrastructure and services, and sustainable urban development, particularly through investments in the sectors of urban roads and public transport, water, social, education, culture, sports and other public infrastructure and services, including energy efficiency measures.
Sector(s)
- Transport - Transportation and storage
- Urban development - Construction
Proposed EIB finance (Approximate amount)
PLN 330 million (EUR 78 million)
Total cost (Approximate amount)
PLN 666 million (EUR 158 million)
Environmental aspects
The Bank will generally allocate its funds only to eligible schemes which are environmentally sound. All schemes must comply with EU environmental legislation as well as comply with the principles and standards of the Bank's Environmental Policy Statement. With the appropriate conditions in place the project is acceptable for financing in environmental and social terms.
Procurement
The promoter is subject to the public procurement regime. The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU (OJEU), as and where required.
Status
Signed - 12/12/2017
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).