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Signature(s)

Amount
€ 65,000,000
Countries
Sector(s)
Türkiye : € 65,000,000
Transport : € 65,000,000
Signature date(s)
10/05/2006 : € 65,000,000
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Summary sheet

Release date
25 May 2005
Status
Reference
Signed | 10/05/2006
20040593
Project name
Promoter - financial intermediary
Samsun Light Rail Train System
Greater Municipality of Samsun
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approximately EUR 62,5 million
Approximately EUR 125 million
Location
Sector(s)
Description
Objectives

The project encompasses the construction of a 15 km urban rail line and 15 stations, as well as the purchase of rolling stock and equipment. It is located along the coastal strip between the University and Cumhuriyet Square, Samsun.

Transport throughout the municipality of Samsun is currently road-based, comprising public buses, minibuses, taxis and private cars. By developing a rail-based system, the municipality aims to improve the quality and enhance the attractiveness of its public transport services. The main economic benefits of the project are expected to be lower levels of road accidents, travel-time savings, reduction in fuel consumption and vehicle usage costs, and reduction in pollution.

Environmental aspects
Procurement

On the basis of the previous experience of the EIB and the Project Feasibility Study, the project will have a beneficial effect on the environment overall, principally through the alleviation of current and future traffic congestion in Samsun, with some localised adverse impacts relating to noise and vibration. A review of environmental issues and procedures will be undertaken during appraisal.

Procurement to be in line with the EIB’s Procurement Guidelines including international competitive bidding. It is the intention of the promoter to procure the project through a single turn-key contract.

Comments

Urban Transport

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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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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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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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