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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
Link to source
Other links
Summary sheet

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.

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).

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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