SOUTH-MORAVIA REGIONAL ROLLING STOCK (EIB-20180572)

Countries
  • Czech Republic
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
JIHOMORAVSKY KRAJ
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 151.13 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 133 million
Converted using 2019-01-22 exchange rate.
Loan Amount (USD)
$ 151.13 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 302.26 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 266 million
Converted using 2019-01-22 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Mar 13, 2019

Disclosed by Bank Feb 21, 2019


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Project Description

According to EIB website, the project will finance the acquisition of around 37 new passenger trainsets to increase the quality of rail services in the South-Moravia region. Further, the project will contribute to reduce greenhouse emissions and improve road safety. It is expected therefore to have a positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market that are most appropriately met by rail. In addition, the arrangements for the scrapping of the replaced stock will be checked during appraisal.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure. 

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