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Signature(s)

Amount
€ 99,000,000
Countries
Sector(s)
France : € 99,000,000
Transport : € 99,000,000
Signature date(s)
27/05/2008 : € 14,000,000
22/12/2006 : € 25,000,000
15/06/2006 : € 60,000,000
Link to source

Summary sheet

Release date
22 February 2006
Status
Reference
Signed | 15/06/2006
20050294
Project name
Promoter - financial intermediary
Le Mans Urban Transport
Le Mans Métropole.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 120 million.
Around EUR 290 million.
Location
Sector(s)
Description
Objectives

Construction of first 15 km tramway line in Greater Le Mans.

The project forms part of the Urban Transport Plan adopted in 2001 by the competent local authorities and aims to enhance the attractiveness of public transport in urban areas, thus helping to improve the environment and quality of life.

Environmental aspects
Procurement

In accordance with national legislation, the project has been subjected to an environmental impact assessment in connection with the Declaration of Public Interest. Once completed, it will help to reduce car traffic pollution while benefiting local tourism and facilitating travel.

Le Mans Metropole is subject to EU procurement directives. All works contracts financed by the Bank will be awarded in accordance with the provisions of European Union law.

Comments

Urban transport.

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).

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