Release date: 25 May 2005
Promoter – Financial Intermediary
Greater Municipality of SamsunLocation
Description
The project encompasses the construction of a 15 km urban rail line and 15 stations, as well as the purchase of rolling stock and equipment. It is located along the coastal strip between the University and Cumhuriyet Square, Samsun.
Objectives
Transport throughout the municipality of Samsun is currently road-based, comprising public buses, minibuses, taxis and private cars. By developing a rail-based system, the municipality aims to improve the quality and enhance the attractiveness of its public transport services. The main economic benefits of the project are expected to be lower levels of road accidents, travel-time savings, reduction in fuel consumption and vehicle usage costs, and reduction in pollution.
Comments
Urban Transport
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 62,5 million
Total cost (Approximate amount)
Approximately EUR 125 million
Environmental aspects
On the basis of the previous experience of the EIB and the Project Feasibility Study, the project will have a beneficial effect on the environment overall, principally through the alleviation of current and future traffic congestion in Samsun, with some localised adverse impacts relating to noise and vibration. A review of environmental issues and procedures will be undertaken during appraisal.
Procurement
Procurement to be in line with the EIB’s Procurement Guidelines including international competitive bidding. It is the intention of the promoter to procure the project through a single turn-key contract.
Status
Signed - 10/05/2006
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).