Release date: 18 February 2003
Promoter – Financial Intermediary
Autobahnen- und Schnellstrassen-Finanzierungs-AG (“ASFINAG”)Location
Description
Design, build, finance and operation, over a 11.5 year concession period (including 1.5 years for construction), of a toll collection system for heavy vehicles (>3.5 tons) driving on the motorway network in Austria (some 2 100 km in total length).
Objectives
The main objective of the project is to charge heavy goods vehicles according to the cost which they cause to the Austrian motorways. Thereby the project aims at encouraging a more efficient use of the motorway network (e.g. improved utilization of vehicle capacities) as well as the shift of freight transport from road to rail and inland waterways.
Sector(s)
Proposed EIB finance (Approximate amount)
About EUR 130 million.
Total cost (Approximate amount)
About EUR 260 million.
Environmental aspects
Although there is not any specific European Directive applicable to the technology related to this project (very low electromagnetic radiation power), its widespread magnitude leads to recommend a case-by-case consideration of Directives 97/11 (Annex II) and 92/43 (Natura-2000) in relation to the installation of gantries during the detailed design phase, namely in terms of potential impacts on the landscape.
Procurement
The project has been procured and awarded in conformity with relevant EU Directives, but details related to this process will be examined during appraisal. Under these conditions, the procurement procedures followed by the promoter are suitable for the project and satisfactory to the Bank.
Status
Signed - 2/12/2004
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).