Release date: 13 December 2004
Promoter – Financial Intermediary
Société des Transports Intercommunaux de Bruxelles (STIB)Location
Description
Upgrading the Brussels public transport network by extending/modernizing the tramway lines, constructing/refurbishing depots and purchasing bus, tramway and metro rolling stock.
Objectives
The objective of the project is to increase the modal share of public transport with the Brussels travel to work area. Substantial benefits to existing public transport users in terms of time savings and service quality are expected.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250m
Total cost (Approximate amount)
EUR 565.2m
Environmental aspects
Environmental Impact Assessments will be carried out in accordance with applicable legislation.
Procurement
The promoter is required to respect national and European legislation applicable to public authorities procurement.
Status
Approved - 13/12/2004
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).