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    Signature(s)

    Amount
    € 90,000,000
    Countries
    Sector(s)
    France : € 90,000,000
    Transport : € 90,000,000
    Signature date(s)
    7/06/2010 : € 90,000,000

    Summary sheet

    Release date
    2 September 2009
    Status
    Reference
    Signed | 07/06/2010
    20090226
    Project name
    Promoter - financial intermediary
    Brest Tramway

    Brest Métropole Océane (Communauté Urbaine de Brest)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Approx. EUR 140 million
    Approx. EUR 350 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of first tramline in Brest.

    The purpose of this first tramline is to attract people to the city centre, facilitate east-west travel and open up new parts of the conurbation to promote urban renewal and rehabilitation.

    Environmental aspects
    Procurement

    The project comes under Annex II to the Directive on EIAs; an EIA is not strictly mandatory although the works must be examined by the responsible authority. In this particular case, an EIA has already been carried out in accordance with the national legislation governing environmental issues and public enquiry procedures (enquiry prior to declaration of public interest).

    The promoter is required to comply with the EU's procurement procedures (Directive 2004/17/EC), including publication of invitations to tender in the Official Journal of the European Union. All contracts have been or will be awarded in accordance with regular, transparent procedures under the legal framework of the European Union, which have enabled or will enable the most economically and technically favourable bids to be selected. Under these conditions, the procurement procedures applied by the promoter are appropriate for the project and considered acceptable by the Bank.

    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).

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    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.

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    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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