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    Signature(s)

    Amount
    € 74,917,022.29
    Countries
    Sector(s)
    Norway : € 74,917,022.29
    Transport : € 74,917,022.29
    Signature date(s)
    29/04/2004 : € 74,917,022.29
    Link to source
    Data sheet
    Other links

    Summary sheet

    Release date
    24 October 2003
    Status
    Reference
    Signed | 29/04/2004
    20030299
    Project name
    Promoter - financial intermediary
    E39 PPP Project
    Norwegian Public Roads Administration, Directorate of Public Roads (“Vegdirektoratet”), a central government authority for state roads in Norway.
    Proposed EIB finance (Approximate amount)
    Up to 50% of senior debt.
    Location
    Sector(s)
    Description
    Objectives

    The proposed Project concerns the design, construction, finance and operation of a new section of the E39 trunk road between Handeland and Feda, in south-west Norway, and the operation and maintenance of an existing section of the motorway between Lyngdal and Flekkefjord.

    The Project is expected to create benefits in user cost, time savings and accident reduction. The Project will make the Lyngdal – Flekkefjord section of E39 15 km shorter and thus result in a quicker road connection for trunk traffic and better accessibility for local traffic in the area. At the same time, the development will provide a better residential environment along the existing road.

    Environmental aspects
    Procurement

    An impact assessment for E39 Handeland-Feda was approved on 5th April 1995. The status of the EIA and mitigations will be investigated further during appraisal.

    The Project was advertised in the Official Journal of the European Communities on 10 October 2002 (2002/S 197 – 155614). Four international consortia have been shortlisted and are currently preparing bids.

    Comments

    Roads.

    Link to source
    Summary sheet
    Other links

    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

    Link to source
    Other links
    Data sheet
    Summary sheet

    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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    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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