Release date: 1 February 2008
Promoter – Financial Intermediary
Upper Normandy RegionLocation
Description
The project concerns the purchase of TER regional express trains.
Objectives
To increase the competitiveness and attractiveness of public rail transport in the Upper Normandy Region.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 100 million.
Total cost (Approximate amount)
Approximately EUR 200 million.
Environmental aspects
The project will contribute to enhancing the attractiveness of rail in comparison with road transport. This will result in a reduction in the number of journeys undertaken by private vehicles and limit the harmful effects associated with this mode of transport (accidents, local atmospheric pollution and noise).
Procurement
Like the other French regions that have submitted projects to the Bank resulting from the regionalisation of rail transport, the Upper Normandy Region enters into agreements with SNCF for the purchase of regional express trains selected by the latter following European tendering procedures. Details of the calls for tenders and the publication of notices in the EU Offical Journal will be obtained and verified during appraisal.
Status
Signed - 26/05/2008
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).