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    Reference: 20130208
    Release date: 19 July 2013

    Promoter – Financial Intermediary

    French Regional authorities

    Location

    Description

    The investment programme consists of the purchase of rolling stock by French Regions for use on their regional rail networks. It is foreseen that the combined number of train sets for the different Régions will likely be of the order of 300.

    Objectives

    The new rolling stock will be used in a variety of situations. These are expected to include the replacement of obsolete/life-expired rolling stock for the provision of existing rail services, the enhancement of the capacity of existing services or the provision of new additional rail services to accommodate growing demand.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 750 million

    Total cost (Approximate amount)

    EUR 2000 million

    Environmental aspects

    Rolling stock manufacture is outside the scope of application of either Annex I or Annex II of EIA Directive 2012/92/EU. During appraisal, the Bank will check compliance of the technical specifications of the rolling stock concerning noise and energy efficiency requirements in particular. Arrangements for the disposal of obsolete rolling stock will also be investigated.

    Procurement

    The Bank will check that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and 2007/66/EC) with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Approved - 17/09/2013

    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

    France Transport