CITY OF LODZ ROAD IMPROVEMENT PROJECT
Municipal and environmental infrastructure
17 Sep 2002
10 May 2002
A proposed €17.0 million loan to the City of Lodz to be used to upgrade sections of the Pan-European Corridor VI located within the city and the municipal streets leading to it. The loan proceeds would be used to finance the upgrading of sections of the Pan-European Corridor VI located within the City of Lodz. There would also be the development and implementation of a "best value" approach to the provision of street management services.
Street management services are currently provided by municipal entities. This project will help to achieve better value through out-sourcing.
The City of Lodz.
A €17.0 million general obligation loan to the City of Lodz with up to €7.0 million syndicated prior to signing.
Total project costs are estimated at €21.5 million.
An initial environmental examination will be carried out on this project in order to determine further environmental due diligence needs and assign an environmental category.
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