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    Signature(s)

    Amount
    € 125,000,000
    Countries
    Sector(s)
    Belgium : € 125,000,000
    Transport : € 125,000,000
    Signature date(s)
    25/10/2010 : € 50,000,000
    21/12/2012 : € 75,000,000
    Link to source

    Summary sheet

    Release date
    28 June 2010
    Status
    Reference
    Signed | 25/10/2010
    20100068
    Project name
    Promoter - financial intermediary
    SOFICO – Wallonia Locks (TEN-T)

    SOFICO (Société Wallonne de Financement Complémentaire des Infrastructures)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 100 million
    Up to EUR 200 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction of two new 225 m x 25 m locks (international standard class VIb) and ancillary works at Lanaye (Lanaye Canal) and Ivoz-Ramet (mid-Meuse) and the dredging of the Ivoz-Ramet reach.

    The project is intended to eliminate structural bottlenecks within the trans-European network of inland waterways in the Walloon Region. The scheduled works will help to provide a more free-flowing and efficient service between Liège, the North Sea ports and the rest of Wallonia's industrial heartland.

    Environmental aspects
    Procurement

    For both the Lanaye and Ivoz-Ramet sites, a public enquiry took place in 2009 and the individual permits were issued on 12 May 2010 and 30 April 2009 respectively. The status of all the permits and the environmental impact of the project will be examined in the course of the appraisal.

    The Bank will ask the promoter to confirm that all public contracts for the project's implementation will be placed in accordance with EU legislation (Directive 2004/18/EC) and, where applicable, that notices will be published in the Official Journal of the European Union.

    Comments

    The project comes under priority trans-European transport corridor 18: Rhine/Meuse-Main-Danube.

    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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