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Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
The Netherlands : € 150,000,000
Transport : € 150,000,000
Signature date(s)
27/12/2019 : € 150,000,000

Summary sheet

Release date
16 May 2019
Status
Reference
Signed | 27/12/2019
20180773
Project name
Promoter - financial intermediary
AMSTERDAM PUBLIC TRANSPORT FLEET RENEWAL
GVB HOLDING NV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 366 million
Location
Sector(s)
Description
Objectives

The project consists of the improvement of public transport in Amsterdam through fleet renewal. The project consists of: (i) the acquisition of 30 new M7 metro vehicles; and (ii) the acquisition of 63 new 15G trams.

The project consists of the acquisition of 63 new 15G trams to substitute the life-expired 11G and 12G series and 30 new M7 metros that will replace the life-expired S1/S2 and S3/M4 series. Rolling stock will be procured and operated by GVB, Amsterdam's public transport provider, which has a public service contract with the City.

Environmental aspects
Procurement

The project does not fall under the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, since it entails manufacture of metro and tram rolling stock, which will take place in a manufacturer's plant. Therefore, no EIA will be required for this project. Due to the nature of this project, no impact on any Natura 2000 areas is anticipated. The project is expected to have a positive environmental impact by helping the public transport to increase and/or maintain modal share. Furthermore, the project should contribute to reducing the GHG emissions and noise. Arrangements for the scrapping of dismissed rolling stock will be assessed during appraisal.

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 in this case Directive 2014/25/EU or 2004/17/EC, as well as Directive 2007/66/EC (amending 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.

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) - AMSTERDAM PUBLIC TRANSPORT FLEET RENEWAL
Publication Date
27 Jul 2019
Document language
Main Topic
Lending
Document Number
92358987
Document Focus
Environmental Information
Project Number
20180773
Sector(s)
Regions
Countries
Publicly available
Download now

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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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