Release date: 13 April 2004
Promoter – Financial Intermediary
Syndicat Mixte des Transports en Commun de l’Agglomération Clermontoise (SMTC).Location
Description
The project consists of construction of the first line of a new urban tramway network in Clermont Ferrand. The line will be 14 km long in total and serve 31 stations. The project also includes the acquisition of 20 trams on tyres.
Objectives
The project, which forms part of the urban mobility plan for the conurbation, will open up access to the centre of Clermont-Ferrand for people living on the outskirts and bring its amenities and jobs within easier reach. By offering a fast and regular service, the rubber-tyred tram network, mostly running in dedicated corridors, represents a viable alternative to the private car.
Comments
Urban transport.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 120 million.
Total cost (Approximate amount)
EUR 372 million (of which EUR 290 million in core investment).
Environmental aspects
Overall, the project will have a positive environmental impact.
Procurement
The project falls under European procurement directive 93/38/EC as amended by directive 98/4/EC. The promoter complies fully with the provisions of this directive.
Status
Signed - 29/10/2004
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).