Release date: 17 February 2005
Promoter – Financial Intermediary
Compania Nationala de Cai Ferate – CFR - SALocation
Description
The project includes the rehabilitation and modernization of the 184 km railway line from Curtici to Simeria, along Pan-European Transport Corridor IV, to reach maximum speeds of 160 km/h.
Objectives
- sustainable mobility along the Corridor IV,
- increased travel speeds,
- reduced travel time for passengers and goods,
- increased transport safety,
- increased inter-operability with EU standards.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
EUR 850 million.
Environmental aspects
The majority of the works will be on the existing railway right-of way and will not require particular environmental studies. However, the station refurbishments and the section of re-alignment will be subject to national and EU environmental regulations and requirements.
Procurement
Procurement will be undertaken in line with the EIB Guide to Procurement.
Status
Signed - 27/12/2005
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).