Release date: 28 March 2007
Promoter – Financial Intermediary
Bursa Metropolitan MunicipalityLocation
Description
The project comprises a 6.7 km extension of the existing Bursa Light Rail Transit System (LRTS) and supply of additional rolling stock for the entire system. The development is in line with the proposed phasing outlined in the Bursa LRTS Transport Planning Programme and represents the second phase of the LRTS, also known as Section C. The first phase of the project (Sections A and B) is being financed by the Bank (Bursa Light Rail Train, number 2002-0328) and is at the operational and implementation stages respectively.
Objectives
Extension of the Light Rail Transit System of the Metropolitan City of Bursa.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 75 million, to be appraised.
Total cost (Approximate amount)
Approximately EUR 150 million, to be appraised.
Environmental aspects
The project is located primarily along the median of the existing road network and is likely to have limited potential environmental impact. The main impacts during the construction phase include accessibility to private and public properties and noise pollution levels close to the work sites.
Procurement
The promoter has stated that both the infrastructure and rolling stock components of the project will be procured following open procedures with advertising in the OJEU in compliance with the Bank's Guide to Procurement and consistent with procurement Directive 2004/17/EC applicable within the EU. These procedures are suitable for the project and are satisfactory to the Bank.
Status
Signed - 8/05/2008
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).