Release date: 17 February 2006
Promoter – Financial Intermediary
ÖBB-Infrastruktur Bau AG DivisionLocation
Description
The St. Poelten railway node project is one of a series of projects to extend and upgrade the Austrian Westbahn railway mainline Salzburg-Linz-Wien (320 km) from originally two tracks to four tracks. It comprises the capacity extension and upgrading of a mainline railway node situated on a Priority TEN, including the remodelling of passenger access facilities.
Objectives
The project, part of TEN Priority Project No. 17 (Paris-Strasbourg-Stuttgart-Wien-Bratislava), identified in Annex III of the TENs guidelines, contributes to the objective of promoting sustainable transport, as increased rail usage with a shift from road will reduce the environmental impact and road traffic accidents. It also includes components eligible under the heading of urban renewal.
Comments
Priority TENs, sustainable transport, urban renewal
Sector(s)
Proposed EIB finance (Approximate amount)
About EUR 120 million.
Total cost (Approximate amount)
About EUR 250 million.
Environmental aspects
The project is not expected to have significant environmental impact. Compliance with EU Directive 97/11/EC amending 85/337/EEC will nevertheless be verified during appraisal.
Procurement
The promoter complies with the European procurement legislation. An already awarded lot was and all nine planned lots will be tendered in a EU wide-open procedure and published in the EU Official Journal.
Status
Signed - 5/09/2006
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).