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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Italy : € 100,000,000
Transport : € 100,000,000
Signature date(s)
26/07/2011 : € 100,000,000
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Summary sheet

Release date
28 December 2010
Status
Reference
Signed | 26/07/2011
20080378
Project name
Promoter - financial intermediary
Autostrade Milano Safety Investments
Milano Serravalle – Milano Tangenziali SpA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million
EUR 200 million
Location
Sector(s)
Description
Objectives

The project aims at implementing safety investments on the Milan motorways system in Northern Italy. Safety upgrading measures will be located on some sections of the Milan west motorway ring-road (A50) and of the Milano-Serravalle motorway (A7) including the connection to the Pavia ring-road.

Most of the project motorways are heavily trafficked. Therefore, safety enhancements are expected to lead to significant societal benefits. In addition, the proposed investments are upgrading the existing motorways to the safety standards required by the European Directives concerned as transposed in the national legislation.

Environmental aspects
Procurement

Compliance of the project (or sections of it) with EU EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, and compliance with EU Habitats Directive 92/43/EEC and EU Birds Directive 79/409/EEC will be verified at appraisal. The upgrading investments are not part of a plan or programme as defined in the SEA Directive 2001/42/EC (Valutazione Ambientale Strategica) and consequently the SEA Directive is not applicable.

The project's compliance with applicable EU legislation will be checked, with respect in particular to the publication of tender notices in the EU Official Journal, as and where appropriate. Details of the procurement procedures and strategies will be revised during the appraisal.

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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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