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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Belgium : € 250,000,000
    Transport : € 250,000,000
    Signature date(s)
    23/12/2003 : € 100,000,000
    20/07/2005 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    13 December 2004
    Status
    Reference
    Approved | 13/12/2004
    20030046
    Project name
    Promoter - financial intermediary
    Brussels Urban Transport
    Société des Transports Intercommunaux de Bruxelles (STIB)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250m
    EUR 565.2m
    Location
    Sector(s)
    Description
    Objectives

    Upgrading the Brussels public transport network by extending/modernizing the tramway lines, constructing/refurbishing depots and purchasing bus, tramway and metro rolling stock.

    The objective of the project is to increase the modal share of public transport with the Brussels travel to work area. Substantial benefits to existing public transport users in terms of time savings and service quality are expected.

    Environmental aspects
    Procurement

    Environmental Impact Assessments will be carried out in accordance with applicable legislation.

    The promoter is required to respect national and European legislation applicable to public authorities procurement.

    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).

    News & Stories

    Other links

    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.

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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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