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Reference: 20070031
Release date: 22 May 2007

Promoter – Financial Intermediary

Comune di Venezia.

Location

Description

Urban renewal investments included in the city's medium-term public works programme.

Objectives

The project aims at improving the city's environment and the urban infrastructure through urban renewal investments included in the city's medium-term public works programme (Programma triennale dei lavori pubblici 2007-2009).

Comments

Construction

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 120 million.

Total cost (Approximate amount)

EUR 244 million.

Environmental aspects

European Directive protocols will be applied for all relevant aspects of the environment.  The Bank will request to be informed of the decisions taken by the promoters on the necessity to undertake an EIA for each of the sub-projects.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the projects have been/ shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 23/11/2007

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).

Related tags

Italy Urban development