Construction of the first tramway line linking Cosenza Rende and the University of Calabria with a length of 10.5 km and 25 stops and the subsequent acquisition of rolling stock under FWL Regione Calabria Convergenza 2007-2013
Objectives
The project is expected to improve effectiveness and attractiveness of public transport thus contributing to the limitation of excessive reliance on private cars and improving urban environment.
Comments
Sector(s)
Transport
Proposed EIB finance (Approximate amount)
EUR 36 million
Total cost (Approximate amount)
EUR 160 million
Environmental aspects
The new tramway line falls under Annex II of the consolidated EIA Directive. Accordingly, the need for a full EIA is decided by the Competent Authority. In this case, based on the outcomes of a preliminary environmental study and following Annex III criteria, the project has been screened-out. All the environmental aspects will be checked at appraisal stage.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation, with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Under appraisal
-
14/11/2012.
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).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding 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, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
Any complaint regarding alleged maladministration can be lodged to 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 or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
