Release date: 13 December 2004
Promoter – Financial Intermediary
Chemins de Fer Luxembourgeois - CFL
M. Schwinninger
Attaché - Finances et Contrôle de Gestion
Location
Description
The purpose of the project is to assist the national train operator to replace the old rolling stock it is currently operating that is approaching the end of its working life, acquire some additional capacity on key commuter lines and provide maintenance facilities.
Objectives
The project will increase the safety, reliability and quality of the services on the Luxembourgish rail network and thereby promote sustainable transport solutions in line with EU transport objectives. It will also improve cross-border services with France, Belgium and Germany.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200m.
Total cost (Approximate amount)
Around EUR 420m.
Environmental aspects
Rolling stock does not require an EIA, however it is expected that the new rolling stock will be more environmentally friendly than the existing rolling stock. The new maintenance building at Luxembourg Gare will require the normal building and environmental permissions (currently underway) and site decontamination has started.
Procurement
CFL’s procurement procedures appear to be in line with the EU Directives, with publication of the rolling stock in the OJEC. CFL will be asked to provide details of the procurement notices for the construction works as they become available.
Status
Signed - 28/06/2005
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).