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    Signature(s)

    Amount
    € 600,000,000
    Countries
    Sector(s)
    Austria : € 600,000,000
    Transport : € 600,000,000
    Signature date(s)
    5/11/2014 : € 600,000,000
    Link to source

    Summary sheet

    Release date
    20 May 2014
    Status
    Reference
    Signed | 05/11/2014
    20140253
    Project name
    Promoter - financial intermediary
    OEBB INFRASTRUKTUR ERNEUERUNG
    OEBB-INFRASTRUKTUR AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 600 million
    EUR 1500 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns investments to rehabilitate and upgrade the existing railway infrastructure in Austria. The works are located throughout the railway network. The rehabilitation works will include railway stations, bridges, railway junctions, energy installations, tracks, buildings, and signaling and telecommunication installations.

    The investments are framed in the approved long term Investment Plan for Austria (Rahmenplan 2013-2018). They are necessary to continue providing safe and reliable railway services in the country, thus promoting sustainable mobility in line with EU objectives.

    Environmental aspects
    Procurement

    The project concerns a large number of small schemes, therefore the need for an EIA may vary for each scheme and will be analysed on a case by case basis, as well as any potential significant impacts on protected areas. Nevertheless, based on the nature of works included in the project - which will be mainly undertaken on already existing infrastructure - most schemes are not expected to be subject to an EIA process. Compliance with environmental and nature protection directives and procedures and status of environmental permits will be checked during appraisal.
    The project is expected to have positive impacts on the environment thanks to the increase in the railway system’s efficiency, comfort and safety, which shall contribute to preventing a modal shift from rail to road transport by maintaining the attractiveness and competitiveness of railway transport.

    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 (Directives 2004/18/EEC/ and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - OEBB INFRASTRUKTUR ERNEUERUNG
    Publication Date
    23 Oct 2014
    Document language
    Main Topic
    Lending
    Document Number
    55576256
    Document Focus
    Environmental Information
    Project Number
    20140253
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - OEBB INFRASTRUKTUR ERNEUERUNG
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    87960062
    Document Focus
    Environmental Information
    Project Number
    20140253
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    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.
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