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        TER PICARDIE

        Signature(s)

        Amount
        € 160,000,000
        Countries
        Sector(s)
        France : € 160,000,000
        Transport : € 160,000,000
        Signature date(s)
        30/08/2012 : € 40,000,000
        9/10/2009 : € 120,000,000

        Summary sheet

        Release date
        17 March 2009
        Status
        Reference
        Signed | 09/10/2009
        20090070
        Project name
        Promoter - financial intermediary
        TER Picardy
        Picardy Region
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Approximately EUR 160 million.
        Approximately EUR 320 million.
        Location
        Sector(s)
        Description
        Objectives

        The project concerns the purchase of TER regional express trains.

        To make public rail transport more competitive and attractive in the Picardy region.

        Environmental aspects
        Procurement

        The project will contribute to enhancing the attractiveness of rail in comparison with road transport. This will result in a reduction in the number of journeys undertaken by private car and limit the harmful effects associated with this mode of transport (accidents, local atmospheric pollution and noise).

        The Picardy Region, like other Regions in France that have submitted projects to the EIB as a result of the regionalisation of rail transport, enters into agreements with SNCF to purchase the TER trains selected by the latter following European calls for tender.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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