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Reference: 20070501
Release date: 13 May 2008

Promoter – Financial Intermediary

Communauté d’Agglomération Orléans Val de Loire

Location

Description

Construction of the 2nd tram line in Orléans, Region Centre.

Objectives

Offering a new high quality public transport service in Orléans will increase the attractiveness of public transport compared to private cars, thus reducing the overall impact of urban transport on the environment.

Sector(s)

Proposed EIB finance (Approximate amount)

Approximately EUR 175 million.

Total cost (Approximate amount)

Approximately EUR 350 million.

Environmental aspects

The project falls under Annex II of the EIA Directive: accordingly, an EIA is not formally required. An environmental impact analysis was carried out in order to comply with national legislation concerning environmental issues and the Public Inquiry Process.

 

Procurement

The promoter is subject to and follows the EU procurement procedures, including publication in the EU Official Journal. All contracts over the relevant EU Directive thresholds will be put out to international tendering. Under these conditions, the procedures adopted by the promoter are suitable for the project and acceptable to the Bank.

Status

Signed - 25/09/2008

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).

Related tags

France Transport