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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Greece : € 200,000,000
Transport : € 200,000,000
Signature date(s)
18/09/2014 : € 200,000,000
Link to source

Summary sheet

Release date
12 September 2012
Status
Reference
Signed | 18/09/2014
20080399
Project name
Promoter - financial intermediary
THESSALONIKI METRO B
ATTIKO METRO S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 400 million
EUR 820 million
Location
Sector(s)
Description
Objectives

Construction of extension of the Thessaloniki metro system, including the upgrading of existing fleet, signalling and control systems, parking facilities.

The project runs through areas designated as Convergence Regions and is therefore eligible for Bank financing under Article 309, point (a) projects for developing less developed regions - “regional development” and (c) common interest - “enhancing urban environment – sustainable urban transport”, of the EC Treaty.

Environmental aspects
Procurement

Metro Projects fall under Directive 2011/92/EU and therefore competent authorities decide on a case by case analysis if a full EIA has to be carried out or not. In this case, a full EIA has been carried out. During the appraisal it will be examined that all parts of the project comply with EU Directives on the environment, including the EIA Directive 2011/92/EU, the Habitats Directive 92/43/EEC and the Birds Directive 79/409/EEC. The question of the projects falling within a plan or a program requiring a Strategic Environmental Assessment (SEA) in line with EU Directive 2001/42/EC will also be further examined during appraisal.

In general, metro projects are characterised by a positive impact on the environment thanks to the ability of metro’s to attract car drivers into the public transport system and because underground infrastructure removes surface traffic from densely built-up urban area.

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Link to source
Summary sheet

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).

Documents

Environmental and Social Data Sheet (ESDS) - THESSALONIKI METRO B
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
46364078
Document Focus
Environmental Information
Project Number
20080399
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - THESSALONIKI METRO B
Publication Date
17 Jun 2014
Document language
Main Topic
Lending
Document Number
53222727
Document Focus
Environmental Information
Project Number
20080399
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

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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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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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