Release date: 22 August 2005
Promoter – Financial Intermediary
Autobahnen- und Schnellstrassen-Finanzierungs-Aktiengesellschaft (ASFINAG), which is 100% owned by the Republic of Austria, is the Promoter responsible for the award of the concession contract to a private sector concession company (“Concessionaire”). The Bank’s borrower will be a special purpose company, to be established by the successful bidder (not yet known), which will be selected following international tender.Location
Description
The Project concerns the planning, construction, financing and operation of the newly to be constructed road sections of the south section of the A5 Northern Motorway, sections S1 East and West (on the Vienna Outer Ring Expressway) and section S2 on the Vienna Northern Perimeter expressway.
Objectives
This Project seeks to ease the congestion on arterial commuter routes into Vienna, enhance road links between Vienna, the Weinviertel district and the Czech Republic, with the A5 as part of Ten Priority project no. 25, and also forms part of a wider strategy to complete a ring road around Vienna.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 350 million.
Total cost (Approximate amount)
Construction costs amount to approximately EUR 825m.
Environmental aspects
The Bank will require that the various Project sections, which fall under Annex I of the EIA Directive are undergoing a full EIA with public consultation in accordance with directive 85/337/EEC as modified by directive 97/11/EC.
Procurement
The Bank will require that the contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EC (if the latter is not transposed, then old Dir 93/36/EEC, 93/37/EEC, 92/50/EEC) or 2004/17/EC (if the latter is not yet transposed, then old Dir 93/38/EEC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate).
Status
Signed - 21/12/2006
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).