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EIB evaluates EUR 896m loan for Warsaw Metro line II extension

European Investment Bank (EIB) is evaluating a PLN 3930 million (EUR 896 million) to the city of Warsaw for the extension of metro line II. The project includes the construction of the 16.4 km long extension of metro line II in Warsaw and 14 new stations, purchase of 37 pieces of rolling stock for metro line II, construction of depot in Mory and purchase of 22 pieces of rolling stock to replace existing ones used on the first metro line. Its total value is PLN 7900 million (EUR 1800 million). 

The the first phase of Warsaw Metro line II extension was financed under two EIB operations (WARSAW II METRO LINE INFRASTRUCTURE and WARSAW METRO ROLLING STOCK) and involved the construction of the central section under the Vistula River and the city centre; this was completed recently).

The second phase involves the construction of extensions on both sides of the central section; these works will start soon. It includes approximately 15 km of metro line, 14 new stations and a depot. The project also includes the acquisition of 59 new metro rolling stock units partially to increase the fleet and replacing existing obsolete trains. As with the central section, the promoter intends to use a mix of funding from the EU (Cohesion Fund), the EIB and its own resources.

The Bank will require the city of Warsaw and the metro operator 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 Official Journal of the EU, as and where required.
The tender notice for part of the works was published in OJEU 18/10/2014, number 2014/S 201-353978 and award took place at the end of 2015. Procurement of other contracts has yet to commence.

EIB evaluates EUR 896m loan for Warsaw Metro line II extension
Gazeta Wyborcza

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