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Reference: 20000515
Release date: 26 March 2002

Promoter – Financial Intermediary

Commune de Florence

Location

Description

Financing of infrastructure projects in urban renewal, water, environment and transport forming part of the Commune's 2002-2004 investment plan. The latter includes small-medium scale projects and some projects of larger size such as the construction of a tramway line and a centre for modern art.

Objectives

Contribution to finance investments that are essential to maintain and upgrade the quality of urban environment

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 150m

Total cost (Approximate amount)

EUR 829m (cost of overall investment programme of the Commune)

Environmental aspects

The overall impact of the sub-projects to be financed is expected to be largely positive.

Procurement

Standard EU procurement procedures

Status

Signed - 23/05/2002

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

Italy Urban development