Release date: 11 April 2012
Promoter – Financial Intermediary
The project promoter will be Peel Ports Ltd, the parent company of the Mersey Docks and Harbour Company, which owns and operates the dock facilities of the Port of Liverpool. Peel Ports, is the UK’s second largest ports group.Location
Description
The project consists of the construction of an in-river container terminal to handle post panamax ships.
Objectives
The project to enhance the capability of this category A TEN-T port will support maritime and inland transport as an alternative to other modes and will thus contribute to transport sustainability.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 180 million (GBP 150 million)
Total cost (Approximate amount)
EUR 365 million (GBP 305 million)
Environmental aspects
The project falls under Annex I of the EIA Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC. A full EIA has been undertaken for the project, including environmental impact studies (EIS) and a public inquiry. The EIS non technical summary (NTS) has been provided to the Bank. The consent for port development, the Harbour Revision Order, was issued in May 2007. The Bank will review the EIA process, compliance with the SEA directive, biodiversity assessment requirements, residual impacts of the project, as well as environmental mitigation and monitoring during appraisal.
Procurement
Mersey Docks and Harbour Company is a contracting entity falling under the scope of the Directive 2004/17/EC of 31 March 2004. The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/17/EEC and Dir. 2007/66/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate. Procurement procedures and status for the various project components will be checked during appraisal.
Status
Signed - 21/12/2012
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).