Polish UDF investments in Urban Revitalisation Introduction. Christos Kontogeorgos JESSICA and Investment Funds European Investment Bank

Transcription

1 Polish UDF investments in Urban Revitalisation Introduction Christos Kontogeorgos JESSICA and Investment Funds European Investment Bank Brussels, 27 June

2 JESSICA implementation in Poland JESSICA implemented in 5 Polish Regions (Wielkopolska, Westpomerania, Silesia, Pomerania, Mazovia) EUR 256m under management at Holding Fund level 6 UDFs set up to date (Operational Agreement for Mazovia Region currently under negotiation) 9 Investment Agreements signed for the total amount of PLN 133m (approx. EUR 32m) of JESSICA funding Total value of Urban Projects supported - PLN 310m (approx. EUR 74m) 42 JESSICA loan applications received UDFs co-financing PLN 659m (approx. EUR 157m) 2

3 Geographical split of JESSICA funds 3

4 Overview per Region Funding Agreement Total allocation Operational Agreement(s) Main Urban Projects types Number of Investment Agreements signed Wielkopolska Westpomerania Silesia Pomerania Mazovia 29 April July July July July 2011 EUR 66m EUR 33m EUR 60m EUR 57m EUR 40m 29 September 2010 with Bank Gospodarstwa Krajowego Support for business environment institutions 28 December 2010 with Bank Ochrony Środowiska 29 March 2011 with BZ WBK infrastructure 24 October 2011 with Bank Ochrony Środowiska Revitalization of postindustrial and post-military areas 13 October 2011 with Bank Gospodarstwa Krajowego and Bank Ochrony Środowiska Energy efficiency and renewable energy Public transport Expected to be signed in July 2012 Energy efficiency and renewable energy Cluster development initiatives

5 Investment Agreements signed (1/2) Region UDF Signature Date Urban Project s promoter Project name JESSICA funding (PLN) Wielkopolska BGK 18 May 2011 private Revitalisation of post-industrial area in Leszno city center 50,000,000 Wielkopolska BGK 8 July 2011 public Business Incubator in Poznań 18,500,000 Wielkopolska BGK 12 July 2011 private Revitalisation of degraded area and development of office center 22,500,000 Wielkopolska BGK 1 December 2011 public Adaptation of old building and creation of cultural and educational center in Koźmin Wielkopolski 1,000,000 5

6 Investment Agreements signed (2/2) Region UDF Signature Date Urban Project s promoter Project name JESSICA funding (PLN) Wielkopolska BGK 1 March 2012 private Conference and training center - business services in Ostrów Wielkopolski 3,600,000 Pomerania BOŚ 27 March 2012 private Revitalisation of Old Brewery 7,700,000 Silesia BOŚ 3 April 2012 public Revitalisation of cultural passage Andromeda 4,600,000 Wielkopolska BGK 4 June 2012 private Adaptation of ancient pump station for cultural purposes 6,000,000 Pomerania BGK 15 June 2012 private Revitalisation of ancient buildings located in area of former military barracks new culture center 19,000,000 6

7 Sample Urban Projects Andromeda project in Silesia Revitalization of Culture Passage Andromeda JESSICA funding: PLN 4.6m (approx. EUR 1.07m) Project s promoter: self-government unit Scope: - Revitalization and adaptation of old cinema building for gastronomic, multimedia and exhibition purposes - Investment connected with revitalization of Tychy old market - Space: over 2,000 m2 (including service space of 1,200 m2 and municipal art gallery of 660m2) Selected socio-economic effects: - Creation of conditions for development of enterprises (4 enterprises to be created) - Development of cultural sphere - Enhancement of tourist attractiveness of the city - Expected creation of 20 jobs 7

8 Sample Urban Projects Revitalization of old brewery in Pomerania Revitalization of old brewery and its adaptation for new functions JESSICA funding PLN 7.7m Project promoter private investor Scope: - Adaptation of old brewery building for gastronomic, exhibition (museum) and commercial purposes, creation of office space for entrepreneurs (preferential rates), energy efficiency solutions to be applied, increased access to services, construction of parking for inhabitants - Over 5,000 m2 of space Selected socio-economic effects: - Expected creation of 46 jobs - Increased access to office space and services - Reduction of unemployment 8

9 Contact JESSICA and Investment Funds European Investment Bank Boulevard Konrad Adenauer L-2950 Luxembourg 9