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    Reference: 20030046
    Release date: 13 December 2004

    Promoter – Financial Intermediary

    Société des Transports Intercommunaux de Bruxelles (STIB)

    Location

    Description

    Upgrading the Brussels public transport network by extending/modernizing the tramway lines, constructing/refurbishing depots and purchasing bus, tramway and metro rolling stock.

    Objectives

    The objective of the project is to increase the modal share of public transport with the Brussels travel to work area. Substantial benefits to existing public transport users in terms of time savings and service quality are expected.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250m

    Total cost (Approximate amount)

    EUR 565.2m

    Environmental aspects

    Environmental Impact Assessments will be carried out in accordance with applicable legislation.

    Procurement

    The promoter is required to respect national and European legislation applicable to public authorities procurement.

    Status

    Approved - 13/12/2004

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Belgium Transport