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    Signature(s)

    Amount
    € 475,000,000
    Countries
    Sector(s)
    Belgium : € 475,000,000
    Transport : € 475,000,000
    Signature date(s)
    21/12/2023 : € 475,000,000
    Link to source

    Summary sheet

    Release date
    14 November 2023
    Status
    Reference
    Signed | 21/12/2023
    20230044
    Project name
    Promoter - financial intermediary
    BRUSSELS REGION SUSTAINABLE MOBILITY II
    REGION DE BRUXELLES CAPITALE,SOCIETE DES TRANSPORTS INTERCOMMUNAUX DE BRUXELLES
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 475 million
    EUR 1660 million
    Location
    Sector(s)
    Description
    Objectives

    The project will support the implementation of Phase I of the metro line 3 (M3) which consists of upgrading the existing tram infrastructure (pre-metro) into a fully-fledged metro line in the central underground transport corridor between Albert and Gare du Nord (6km), in Brussels. This is part of a wider programme of strategic transport investments carried out by the 'Région de Bruxelles Capitale (RBC)' to modernise the existing public transport infrastructure and fleets, as well as to extend the network.

    The loan will support the implementation of the Sustainable Mobility Plan for Brussels Region and will contribute to improving quality, reliability, capacity, safety and accessibility of the public transport services, thus favouring the use of public transport and promoting intermodality and modal transfer away from private cars as well as improving energy efficiency.

    Environmental aspects
    Procurement

    The promoter's environmental and social management capacity to apply the relevant EU Directives will be verified during appraisal, particularly with regard to the EU Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by 2014/52/EU), EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC as well as public consultation.

    The promoter has to ensure that contracts for the implementation of the project have been and will be tendered in accordance with EU procurement legislation, 2014/25/EU or 2014/24/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.

    Milestone
    Under appraisal
    Approved
    Signed
    13 December 2023
    21 December 2023
    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) - BRUSSELS REGION SUSTAINABLE MOBILITY II
    Publication Date
    4 Jan 2024
    Document language
    Main Topic
    Lending
    Document Number
    172249271
    Document Focus
    Environmental Information
    Project Number
    20230044
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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