Release date: 7 July 2004
Promoter – Financial Intermediary
Sofico (Société Wallonne de Financement Complémentaire des Infrastructures) / Walloon RegionLocation
Description
The project consists in the partial reconstruction of the E411 motorway linking Bruxelles to Luxembourg and the E25 motorway linking Liège to Luxembourg.
Objectives
The E411 and E25 motorways are both important North – South routes through Belgium and form part of the Trans European Network. Given the amount of international traffic and the poor quality of the existing roads the economic benefits are significant.
Comments
Roads.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 110m.
Total cost (Approximate amount)
Around EUR 154m
Environmental aspects
The project does not fall under Annex I or II of EU Directive 97/11 and therefore does not require an EIA. Apart from some short-term impacts due to the construction works, no adverse long-term impacts on the environment are foreseen.
Procurement
All contracts over the relevant EUC Directives thresholds will be put out to international tendering with publication of notices in the EU Official Journal.
Status
Signed - 25/05/2004
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).