Release date: 1 July 2005
Promoter – Financial Intermediary
Région Rhône-Alpes (as organising authority for regional transport) and SNCF (for the supply and operation of the rolling stock).Location
Description
Acquisition of rolling stock for the regional express train (TER) lines of the Rhône-Alpes region.
Objectives
To improve non-polluting regional transport and contribute to regional development and improving the quality of life.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 200 million.
Total cost (Approximate amount)
Approximately EUR 480 million.
Environmental aspects
The purchase of new rolling stock to replace old equipment will help to make rail transport more attractive than road transport. This will result in a reduction in the number of journeys undertaken by private car and limit the harmful effects associated with this mode of transport (local atmospheric pollution and noise).
Procurement
The Région Rhône-Alpes is an organisation subject to EU procurement directives. All works contracts for projects financed by the Bank will be issued in accordance with the provisions of EU law.
Status
Signed - 10/11/2005