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Reference: 20240186
Release date: 19 April 2024

Promoter – Financial Intermediary

CITY OF RADOM

Location

Description

The Framework Loan (FL) will support the multi-sector investment plan 2024-2028 of the City of Radom, as well as the implementation of its climate adaptation strategy and urban development programme "Radom 2030".

Objectives

The aim is to finance sub-projects that concern the construction, refurbishment and upgrade of urban infrastructure, comprising, among others, municipal housing, schools, kindergartens, cultural and sport facilities, open spaces and green areas, renewable energy and energy efficiency investments, as well as sustainable mobility (e.g. soft mobility, public transport, etc.).

Sector(s)

Proposed EIB finance (Approximate amount)

PLN 241 million (EUR 56 million)

Total cost (Approximate amount)

PLN 646 million (EUR 150 million)

Environmental aspects

The City of Radom is deemed as having the adequate capacity to verify the compliance with the relevant EU Directives: Directive 2014/52/EU amending the environment impact assessment (EIA) Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. Furthermore, for new and refurbished buildings, the Promoter is also deemed capable of ensuring the compliance with EU Directive 2010/31/EU on Energy Performance of Buildings. The project will contribute to the EIB's climate action and environmental sustainability (CA&ES) objectives.

Procurement

The City of Radom is deemed to have adequate capacity to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation: Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/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

Approved - 18/07/2024

Milestone
Approved
18 July 2024

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

Poland Urban development