Release date: 1 March 2005
Promoter – Financial Intermediary
Metropolitan Community of Toulon Provence MéditerranéeLocation
Description
The project consists of the construction of the central section (13 km, 37 stations) of the first tramline in the Toulon conurbation. It also comprises a number of civil engineering structures, improvements to existing road infrastructure and urban development schemes. It includes the acquistion of 28 trams.
Objectives
The project forms part of the Urban Transport Plan adopted by the competent local authorities and aims to enhance the attractiveness of public transport in urban areas, thus helping to improve the environment and quality of life.
Comments
Urban transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 100 million.
Total cost (Approximate amount)
Approximately EUR 380 million.
Environmental aspects
In accordance with national legislation, the project has been the subject of an environmental impact assessment in connection with the Declaration of Public Interest. Once completed, it will help to reduce car traffic pollution while benefiting local tourism and facilitating travel.
Procurement
The Metropolitan Community of Toulon Provence Méditerranée is subject to European procurement directives. All works contracts for projects financed by the Bank will be awarded in accordance with the provisions of EU law.
Status
Signed - 27/07/2007
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).