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    Signature(s)

    Amount
    € 1,800,000,000
    Countries
    Sector(s)
    Austria : € 1,800,000,000
    Transport : € 1,800,000,000
    Signature date(s)
    22/06/2017 : € 300,000,000
    30/11/2015 : € 600,000,000
    16/12/2016 : € 900,000,000

    Summary sheet

    Release date
    22 April 2015
    Status
    Reference
    Signed | 30/11/2015
    20140074
    Project name
    Promoter - financial intermediary
    OEBB SUEDSTRECKE SEMMERING BASISTUNNEL
    OEBB-INFRASTRUKTUR AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1800 million
    EUR 4200 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns upgrading and rehabilitation works along the South Route (“Suedstrecke”) railway infrastructure between the cities of Vienna and Graz, part of the TEN-T Baltic-Adriatic core network. The works, located on different sections along the line, include the construction of the 27-km-long Semmering base tunnel, around 20 km of track doubling, track rehabilitation of different sections, improvement of railway stations and the construction of the new Inzersdorf multimodal freight terminal in Vienna.

    The project will add capacity, operational flexibility and reliability to the existing infrastructure. The removal of bottlenecks will offer the possibility for future demand to use rail instead of road. This will contribute to time savings, and also to lowering energy consumption, operating costs and the number of accidents, thus promoting sustainable transport.

    Environmental aspects
    Procurement

    Environmental impact analyses have been and will be carried out for each of the project components. Three project components have been subject to separate environmental impact assessments (EIAs) and, according to the promoter, have obtained the respective permits; this will be further investigated. The remaining project components might require particular EIAs as these might fall under Annex I or II of the EIA Directive. This, as well as any potential significant or negative impact of the project on areas included in the Natura 2000 network (according to the Habitats Directive 92/43/EEC and the Birds Directive 2009/147/EC) will be assessed during appraisal. The question of the project falling within a plan or a programme requiring a strategic environmental assessment (SEA) in line with Directive 2001/42/EC will also be further examined during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Non-Technical Summary (NTS) - OEBB SUEDSTRECKE SEMMERING BASISTUNNEL - Semmering-Basistunnel Neu
    Publication Date
    16 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    59266819
    Document Focus
    Environmental Information
    Project Number
    20140074
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - OEBB SUEDSTRECKE SEMMERING BASISTUNNEL - Terminal Wien Inzersdorf
    Publication Date
    16 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    59277540
    Document Focus
    Environmental Information
    Project Number
    20140074
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - OEBB SUEDSTRECKE SEMMERING BASISTUNNEL - Pottendorfer Line Hennersdorf - Münchendorf
    Publication Date
    16 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    59278130
    Document Focus
    Environmental Information
    Project Number
    20140074
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - OEBB SUEDSTRECKE SEMMERING BASISTUNNEL
    Publication Date
    8 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61220451
    Document Focus
    Environmental Information
    Project Number
    20140074
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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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