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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    France : € 250,000,000
    Transport : € 250,000,000
    Signature date(s)
    20/12/2007 : € 250,000,000

    Summary sheet

    Release date
    9 October 2007
    Status
    Reference
    Signed | 20/12/2007
    20060092
    Project name
    Promoter - financial intermediary
    Motorway Upgrading: South of France

    Société des Autoroutes du Sud de la France (ASF)
    S
    ociété des Autoroutes Estérel, Côte d’Azur, Provence, Alpes (ESCOTA)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Around EUR 250 million.
    Around EUR 700 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises over one hundred motorway schemes aimed at improving road safety and environmental protection throughout the network operated under concession by the ASF Group and bringing 18 tunnels up to current safety standards, in particular on the A8.

    The project forms part of the promoter’s ICAS (additional investment in existing motorways) construction programme (included in the 2007-2011 planning contract between ASF and ESCOTA and the Transport Ministry) aimed at upgrading the two companies’ network. The whole of the network forms part of a transport TEN.

    Environmental aspects

    Transport projects are subject to the French legislation transposing the corresponding EU directives: SEA (2001/42/EC); EIA (85/337/EEC – 97/11/EC – 2003/35/EC); Habitats (92/43/EEC); and Birds (79/409/EEC – 97/49/EC). As the project promoter is experienced and used to dealing with environmental issues, these should not pose any particular problems. Any motorway schemes likely to have an environmental impact will be subjected to an EIA. The procedures applied will be reviewed at the time of appraisal.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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