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    Reference: 20100232
    Release date: 14 November 2012

    Promoter – Financial Intermediary




    Construction of the first tramway line linking Cosenza Rende and the University of Calabria with a length of 10.5 km and 25 stops and the subsequent acquisition of rolling stock under FWL Regione Calabria Convergenza 2007-2013


    The project is expected to improve effectiveness and attractiveness of public transport thus contributing to the limitation of excessive reliance on private cars and improving urban environment.



    Proposed EIB finance (Approximate amount)

    EUR 36 million

    Total cost (Approximate amount)

    EUR 160 million

    Environmental aspects

    The new tramway line falls under Annex II of the consolidated EIA Directive. Accordingly, the need for a full EIA is decided by the Competent Authority. In this case, based on the outcomes of a preliminary environmental study and following Annex III criteria, the project has been screened-out. All the environmental aspects will be checked at appraisal stage.


    The Bank will require the Promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation, with publication of tender notices in the EU Official Journal, as and where appropriate.


    Approved - 20/12/2012


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Transport