Release date: 1 August 2013
Promoter – Financial Intermediary
RAILWAY PROCUREMENT AGENCYLocation
Description
The project consists of a 5.6 km extension of the Dublin's LUAS light rail system including 13 additional stations, a new depot and the purchase of 10 additional trams. The project will allow the connection between the two existing LUAS red and green lines in the inner city centre.
Objectives
A connection between the two existing LUAS red and green lines in the inner city centre would be made. The project is expected to further increase the attractiveness of the public transport network, improving accessibility while optimising costs and ensuring a sound environmental performance.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 163 million
Total cost (Approximate amount)
EUR 326 million
Environmental aspects
The project falls under Annex II of the EU EIA Directive, according to which the need for a full EIA is decided either on a case-by-case basis by the Competent Authority or on pre-established criteria set by the Member State. In this case an Environmental Impact Assessment has been carried out including public consultation. Further details on the compliance of the project with EU Directives on the environment, including EIA Directive 2011/92/EU, SEA Directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC will be analysed during appraisal.
Procurement
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/EC/ and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 3/03/2014
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).