Search EN menu en EIB GROUP CLIENT PORTAL
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Türkiye : € 100,000,000
    Transport : € 100,000,000
    Signature date(s)
    8/05/2008 : € 100,000,000

    Summary sheet

    Release date
    28 March 2007
    Status
    Reference
    Signed | 08/05/2008
    20060527
    Project name
    Promoter - financial intermediary
    Bursa Light Rail Transit System II
    Bursa Metropolitan Municipality
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Approximately EUR 75 million, to be appraised.
    Approximately EUR 150 million, to be appraised.
    Location
    Sector(s)
    Description
    Objectives

    The project comprises a 6.7 km extension of the existing Bursa Light Rail Transit System (LRTS) and supply of additional rolling stock for the entire system. The development is in line with the proposed phasing outlined in the Bursa LRTS Transport Planning Programme and represents the second phase of the LRTS, also known as Section C. The first phase of the project (Sections A and B) is being financed by the Bank (Bursa Light Rail Train, number 2002-0328) and is at the operational and implementation stages respectively.

    Extension of the Light Rail Transit System of the Metropolitan City of Bursa.

    Environmental aspects
    Procurement

    The project is located primarily along the median of the existing road network and is likely to have limited potential environmental impact. The main impacts during the construction phase include accessibility to private and public properties and noise pollution levels close to the work sites.

    The promoter has stated that both the infrastructure and rolling stock components of the project will be procured following open procedures with advertising in the OJEU in compliance with the Bank's Guide to Procurement and consistent with procurement Directive 2004/17/EC applicable within the EU. These procedures are suitable for the project and are satisfactory to the Bank.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

    Related publications