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    Signature(s)

    Amount
    € 55,000,000
    Countries
    Sector(s)
    Türkiye : € 55,000,000
    Transport : € 55,000,000
    Signature date(s)
    24/06/2004 : € 55,000,000
    Link to source

    Summary sheet

    Release date
    17 October 2002
    Status
    Reference
    Signed | 24/06/2004
    20020328
    Project name
    Promoter - financial intermediary
    Bursa Light Rail Transit System
    Greater Bursa Municipality
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Approximately EUR 35 million
    Approximately EUR 330 million
    Location
    Sector(s)
    Description
    Objectives

    The project encompasses the construction of a first phase – i.e. the base line - of the Light Rail Transit System of the municipality of Bursa, including both civil works and equipment.

    Historically, all transport throughout Metropolitan Bursa is road based. Like several other of Turkey's largest cities, Bursa is confronted with the problems of a rapidly increasing population and traffic congestion in central city areas. By developing a rail-based system, the municipality aims to improve the quality and enhance the attractiveness of its public transport services.

    Environmental aspects
    Procurement

    The proposed extension of the LRTS would alleviate traffic congestion in the city centre with consequent environmental benefits. Throughout appraisal of the project, environmental issues will be thoroughly reviewed for compliance with environmental regulations in Turkey.

    Procurement to be in line with requirements applicable in EU Member Countries with international competitive bidding.

    Link to source

    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).

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