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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