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    Reference: 20100068
    Release date: 28 June 2010

    Promoter – Financial Intermediary

    SOFICO (Société Wallonne de Financement Complémentaire des Infrastructures)

    Location

    Description

    The project consists of the construction of two new 225 m x 25 m locks (international standard class VIb) and ancillary works at Lanaye (Lanaye Canal) and Ivoz-Ramet (mid-Meuse) and the dredging of the Ivoz-Ramet reach.

    Objectives

    The project is intended to eliminate structural bottlenecks within the trans-European network of inland waterways in the Walloon Region. The scheduled works will help to provide a more free-flowing and efficient service between Liège, the North Sea ports and the rest of Wallonia's industrial heartland.

    Comments

    The project comes under priority trans-European transport corridor 18: Rhine/Meuse-Main-Danube.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 100 million

    Total cost (Approximate amount)

    Up to EUR 200 million

    Environmental aspects

    For both the Lanaye and Ivoz-Ramet sites, a public enquiry took place in 2009 and the individual permits were issued on 12 May 2010 and 30 April 2009 respectively. The status of all the permits and the environmental impact of the project will be examined in the course of the appraisal.

    Procurement

    The Bank will ask the promoter to confirm that all public contracts for the project's implementation will be placed in accordance with EU legislation (Directive 2004/18/EC) and, where applicable, that notices will be published in the Official Journal of the European Union.

    Status

    Signed - 25/10/2010

    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).

    Related tags

    Belgium Transport