Budapest Intermodal Logistics Centre - Basic Infrastructure

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 7486

Status Complete

Location

Hungary

Business Sector

Transport

Notice Type

State

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 7486

Status Complete

Location

Hungary

Business Sector

Transport

Notice Type

State

Environmental Category

Approval Date

14 Dec 1999

Disclosure date

28 Sep 1999

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

Construction of a railway line connection and marshalling yard to service a new private logistics centre in Budapest. The project aims to supply a future private intermodal terminal and logistics centre with basic infrastructure. The EBRD’s loan proceeds will be used to finance a marshalling yard.

Transition Impact

The project will permit the replacement of the existing congested and MÁV-run intermodal transport terminal by a modern, purpose-built and privately controlled terminal and logistics centre, which will be capable of handling growing transport demand with western Europe.

The Client

The borrower will be the Republic of Hungary. The project will be implemented by the Hungarian Railways, MÁV.

EBRD Finance

EBRD loan of EUR 10 million. Co-financing of EUR 5 million by EU-Phare and EUR 9.5 million by Hungary.

Project Cost

EUR 24.5 million.

Environmental Impact

The project was categorised as B/0. The environmental analysis, prepared by an independent environmental consultancy firm, confirmed that there are no significant environmental issues associated with the project. As a result of this study, the municipal authorities agreed to restrict the construction of new housing development both in the vicinity of BILC and the access corridor. This has also been reflected in the local authority's development plan. Mitigation measures include the retention of a small wooded area bordering the site as well as the planting of shrubs and other vegetation on the site.

MÁV adjusted the project plans to address the issues raised in the environmental analysis including construction of additional noise barriers, storm water drainage and a provisional access road from Ocsai Street until a permanent access road from the M0 motorway is decided upon. The project is in compliance with Hungarian and European Union environmental, health and safety standards. Environmental covenants will be incorporated into the loan agreement to monitor this compliance on an ongoing basis. The project will make a positive contribution to the reduction of vehicular traffic in Budapest and the surrounding area, with a corresponding reduction in air emissions and noise. MÁV is in the process of implementing an environmental remediation programme, developed in 1995 after the completion of a three-year environmental audit comprising approximately 400 sites at 80 locations. MÁV is spending annually around US$ 5 million on the implementation of this programme.

Technical Cooperation

None.

Transition impact

ETI Score:75

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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