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        TRAMVIA DI VENEZIA

        Signature(s)

        Amount
        € 59,000,000
        Countries
        Sector(s)
        Italy : € 59,000,000
        Transport : € 59,000,000
        Signature date(s)
        25/05/2005 : € 59,000,000

        Summary sheet

        Release date
        30 November 2004
        Status
        Reference
        Signed | 25/05/2005
        20040517
        Project name
        Promoter - financial intermediary
        Tramvia di Venezia
        Società del Patrimonio per la Mobilità Veneziana SpA
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 54 m
        EUR 156 m
        Location
        Sector(s)
        Description
        Objectives

        The project consists of the construction of two tramway lines:

        • Favaro-Mestre-Venice, 14 km length.
        • Mestre - Marghera, 6 km length.

        It includes a depot in Favaro and the acquisition of rolling stock.

        The project aims at improving the quality of the public transport system and reducing traffic congestion in the Venice metropolitan area.

        Environmental aspects
        Procurement

        During the operational phase the project is expected to reduce the environmental pollution and noise levels caused by cars and buses. To address potential environmental aspects during the construction phase, an EIA has been conducted and will be checked during appraisal.

        The Promoter has tendered the contracts for the implementation of the project in accordance with the relevant EU procurement legislation, with parallel publication of tender notices in the EC Official Journal, as and where appropriate.

        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.

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