Release date: 19 October 2005
Promoter – Financial Intermediary
Communauté Urbaine Marseille Provence Métropole (Metropolitan Community of Marseille Provence)Location
Description
The project consists of the construction of a tramway network with three lines covering around 16 km. It also comprises improvements to neighbouring infrastructure and the acquisition of the 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 150 million.
Total cost (Approximate amount)
Approximately EUR 470 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 Marseille Provence is subject to European procurement directives. All works contracts financed by the Bank will be issued in accordance with the provisions of European Union law.
Status
Signed - 30/12/2008
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).