Release date: 20 November 2003
Promoter – Financial Intermediary
Grandi Stazioni S.p.A.Location
Description
The proposed project concerns the refurbishment and restructuring of the 13 main railway station complexes in Italy and associated urban renewal works. The main works foresee the renovation of buildings, facilities and open space in the areas surrounding the stations, so that these areas can be regenerated and transformed into more liveable and commercially attractive environments in strategic inner-city locations. The project may also include an investment for the renewal of the main Prague railway stations under the concession won by GS.
Objectives
The proposed project aims to renovate structures and services and increase customer satisfaction by establishing a new station model: not only a transit point but an “urban piazza” that’s available to travellers and dwellers. The refurbished stations will therefore become attractive economic and commercial centres, acting as a catalyst for broader based regeneration in key inner-city locations, as well as creating new employment opportunities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
Up to around EUR 300 million
Environmental aspects
The works will have an important impact on the urban environment of the cities concerned.
Procurement
Contracts to be awarded will be subject to EU tendering procedures, with OJEU publication when necessary.
Status
Signed - 14/04/2008
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).