corporate_banner_en

Frejus Tunnel Improvements

Projects
Regions
European Union
Enlargement Countries
Definitions
Croatia
Turkey
Iceland
The Western Balkans
FYROM
Montenegro
Mediterranean neighbourhood
FEMIP Overview
Supporting pan-Mediterranean initiatives
Financing & advice
FEMIP Loans
Private equity
Advisory & technical assistance
FEMIP Support Package
Procurement
How to apply
Trust Fund
Technical assistance
Private equity
Global dialogue
Meetings: A place for dialogue
Conferences
Partnerships
Organisation and staff
FEMIP Internship Programme
FAQ - FEMIP
EU Eastern Neighbours
Projects
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Institutional framework
Applying for loans
Organisation and staff
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Applying for loans
Organisation and staff
Sub-Saharan Africa, Caribbean and Pacific
ACPs and OCTs
Applying for a loan
Products and Services
Subsidies
Technical assistance
Strategic Focus
The Republic of South Africa
Applying for a loan
Financial Instruments
Strategic Focus
Organisation and Staff
Regional Offices
Caribbean
Central and Eastern Africa
Pacific
Southern Africa and Indian Ocean
West Africa and Sahel
Other initiatives
Asia and Latin America (ALA)
Priorities
SMEs
Other Credit Lines
Working capital
Innovative financing options
Loans for SMEs
SME support outside the EU
Capital injection and development advice
Regional development
Promoting environmental Sustainability
Urban Environment
Sustainable transport
Water Supply and Sanitation
Climate Action
Carbon finance
Renewable Energies and Energy Efficiency
Biodiversity
Responsibility and Sustainability
Access to Environmental Information
Information directly available
Information available on request
Applications for information
Other useful sources of information
Organisation
EPE
Declaration
Supporting Material
The Environmental Acquis
Objectives and Principles
Treaties
Signatory Banks
NIB
NEFCO
EIB
CEB
EBRD
Innovation
Education
Research and Development
Inventing the future
Trans-European Networks (TENs)
Added Value
European Action for Growth and the TENs Investment Facility
Financing of TEN Projects
Energy
External Security
Diversification and Security
Human Capital
Health
Education
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin & Central America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin & Central America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Organisation and Programme
Programme
Methodology
Criteria
Rating scale
Process
Reports
Operations
Overview
Publications and reports
Cooperation and Coordination
ECG
European Financial Institutions
European Commission
Contacts

Frejus Tunnel Improvements

  •  Reference: 20100182
  •  Release date: 15 October 2010
Promoter – Financial Intermediary

The promoter is a toll motorway and tunnel builder and operator in Italy.

Location
  • Italy
  • Piedmont region
Description

The project concerns the construction of the Frejus safety tunnel at the border between Italy (Bardonecchia) and France (Modane). The rationale of the project resides in the need to enhance and upgrade the safety standards of the Frejus tunnel to the European Directive EU 2004/54 which specifies the minimum safety requirements for TEN-T road tunnels. The project is located on a cross-border section of the TEN road network between Italy and France.

Objectives

The project will improve traffic conditions on an international road link from the Piedmont region / Turin to the Savoie region / Lyon. The main benefits are safety improvements on the tunnel. The tunnel where the safety investments are considered for financing is part of the Trans-European Transport Network (TEN-T). It is therefore eligible under the TEN-T criterion.

Comments
 
Sector(s)
  • Transport
Proposed EIB finance (Approximate amount)

Up to EUR 120 million.

Total cost (Approximate amount)

EUR 480 million.

Environmental aspects

The project falls under Annex II of EIA Directive 85/337/EEC, as amended by Directives 97/11/EC and 2003/35/EC. The project has been screened in and an EIA has been carried out and approved by the competent authorities both in France and Italy. During appraisal, the Bank will review the EIA process implemented to date to confirm that it complies with the applicable EU Directives.

Procurement

During appraisal, the Bank will review the procurement procedures and require that they are compliant with the applicable EU Directive 2004/18/EC.

Status

Approved   -   01/07/2011.

Related Documents
  • 15-10-2010 - Environmental Impact Study (EIS) - Frejus Safety Tunnel - French territory IT
  • 15-10-2010 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - Frejus Safety Tunnel - Italian territory IT

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).


 Print
Copyright © European Investment Bank 2013
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/projects/pipeline/2010/20100182.htm