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    Summary sheet

    Release date
    8 September 2014
    Status
    Reference
    Approved | 16/12/2014
    20140171
    Project name
    Promoter - financial intermediary
    TEN-T MEDIUM SIZED ITALIAN PORTS PROGRAMME LOAN
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 186 million
    EUR 1120 million
    Location
    Sector(s)
    Description
    Objectives

    Framework Loan for funding a range of capex investments for Italian medium-sized ports.

    All the sub-projects will be implemented in ports which are part of core or comprehensive TEN-T networks. Additionally, the majority of the investments will contribute to the Motorways of the Sea initiative, contributing to sustainable transport objectives.

    Environmental aspects
    Procurement

    The project is an Investment Programme, therefore the need for an Environmental Impact Assessment (EIA) and any potential significant impact on Natura 2000 areas may vary between sub-projects and will be assessed on a case-by-case basis. The compliance of each sub-project with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, EIA Directive 2011/92/EC, the Habitats Directive 92/43/ECC and the Birds Directive 79/409/EEC, including the status of any environmental studies and public consultation, mitigation/compensation measures, environmental monitoring plans and biodiversity assessment requirements will be verified during appraisal.

    The promoter and beneficiaries are subject to public procurement rules according to EU and national regulations. Therefore, the Bank will require the promoter and beneficiaries to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC), with publication of tender notices in the EU Official Journal, as and where required.

    Comments

    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).

    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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