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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    France : € 250,000,000
    Transport : € 250,000,000
    Signature date(s)
    4/07/2011 : € 75,000,000
    5/09/2013 : € 75,000,000
    30/03/2012 : € 100,000,000

    Summary sheet

    Release date
    14 February 2011
    Status
    Reference
    Signed | 04/07/2011
    20090232
    Project name
    Promoter - financial intermediary
    Montpellier Tramway, Line III

    Metropolitan Community of Montpellier (Communauté d'A gglomération de Montpellier)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million.
    EUR 530 million.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction of a third 22 km tramway line with 31 stops and the 0.5 km westward extension of Line 1. Line III will cross four municipalities in succession: Montpellier, Lattes, Pérols and Juvignac. The project also includes the acquisition of 23 40m-long tram-sets, each with a capacity of 300 passengers. Urban development and landscaping measures form an integral part of the project.

    The project consists of the construction of a third 22 km tramway line with 31 stops and the 0.5 km westward extension of Line 1. Line III will cross four municipalities in succession: Montpellier, Lattes, Pérols and Juvignac. The project also includes the acquisition of 23 40m-long tram-sets, each with a capacity of 300 passengers. Urban development and landscaping measures form an integral part of the project.

    Environmental aspects
    Procurement

    The project comes under Annex II to Directive 85/337/EEC amended, which stipulates that the competent national authorities must decide whether an environmental impact assessment (EIA) is to be conducted. Under French law, the project is subject to an impact assessment as part of the Declaration of Public Interest (DUP) procedure. This procedure was completed in June 2007 and the project obtained a favourable opinion from the various government departments, including the environmental authority.

    Procurement procedures will be in accordance with national legislation and EU directives.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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