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Signature(s)

Amount
€ 645,608,182.69
Countries
Sector(s)
Sweden : € 645,608,182.69
Transport : € 645,608,182.69
Signature date(s)
9/10/2024 : € 264,038,021.47
7/10/2020 : € 381,570,161.22
Link to source

Summary sheet

Release date
11 May 2020
Status
Reference
Signed | 07/10/2020
20190486
Project name
Promoter - financial intermediary
NEW SLUSSEN STOCKHOLM
CITY OF STOCKHOLM
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
SEK 7000 million (EUR 676 million)
SEK 20895 million (EUR 2019 million)
Location
Sector(s)
Description
Objectives

The project will finance the reconstruction of the Slussen area, named after the locks between Lake Mälaren and the Baltic Sea, the renewal of the locks and the road bridges on top of the lock as well as the construction of a new bus terminal, an intermodal transport hub, bus lanes, bicycle and pedestrian paths.

The aim of the project is to ensure the safety and continued availability of key urban road and public transport infrastructure, and to improve public transport offer within Stockholm. Rebuilding the lock will allow the water management authorities to increase the amount of water discharged from Lake Mälaren into the sea and thus reduce the risk of flooding that is currently threatening the area around the lake.

Environmental aspects
Procurement

The project falls under annex II of the Directive 2014/52/EU amending the Environmental Impact Assessemnt (EIA) Directive 2011/92/EU and the competent authority has screened it in, after which the promoter completed an EIA. During the appraisal it will be assessed what components of the project the EIA covers and the project compliance with the above mentioned EIA directive, as well as compliance with the SEA Directive 2001/42/EC and the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively) and the Water Framework Directive (2000/60/EC).

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation: Directives 2014/24/EU and 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/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
Summary sheet

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) - NEW SLUSSEN STOCKHOLM
Publication Date
27 Jun 2020
Document language
Main Topic
Lending
Document Number
124875682
Document Focus
Environmental Information
Project Number
20190486
Sector(s)
Regions
Countries
Publicly available
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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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