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Signature(s)

Amount
€ 238,280,000
Countries
Sector(s)
Italy : € 238,280,000
Transport : € 238,280,000
Signature date(s)
23/10/2014 : € 13,280,000
22/11/2012 : € 75,000,000
10/08/2011 : € 150,000,000
Link to source

Summary sheet

Release date
28 April 2011
Status
Reference
Signed | 10/08/2011
20110100
Project name
Promoter - financial intermediary
Sviluppo Metropolitana di Roma

Comune di Roma

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million
Up to EUR 500 million
Location
Sector(s)
Description
Objectives

The proposed project would consist of :

  • a 1.1 km extension of underground line B,
  • the acquisition of 15 new trains to operate on this line and
  • some other interventions to modernise the infrastructure of underground lines A and B, including the extension of a depot.

The project will increase the extension, level of service, effectiveness and reliability of the public transport service in the Rome metropolitan area, contributing to the limitation of private car usage through an expected shift to the metro network.

Environmental aspects
Procurement

A full EIA has been carried out for line B extension. Rolling stock provision falls outside the scope of Directive 85/337/EEC (as amended); details on scrapping procedures will be assessed during appraisal. The other interventions on the lines are also outside the scope of the EIA Directive. The depot extension should fall under Annex II, according to which the need for a full EIA is decided on a case-by-case analysis by the Competent Authority. Full details will be checked at appraisal stage. The project is expected to have some positive impacts on environment thanks to the increase in public transport service quality.

The Promoter is a public entity subject to EU public procurement directives (2004/17/EC and 2004/18/EC). 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 with parallel publication of tender notices in the EU Official Journal, as and where appropriate. Details will be checked at appraisal stage.

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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General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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