Reference: 20110396
Release date: 10 January 2012

Promoter – Financial Intermediary

Slovak Republic – Ministry of Transport

Location

Description

The project concerns the rehabilitation and modernisation of 18.9 km of the existing twin track electrified railway line (3kV DC) between Žilina - Krásno nad Kysucou, in the line Žilina -Cadca, located in northern Slovakia. The modernised line will allow maximum speed of 140 km/h (160 km/h for tilting trains). Rehabilitation works in 2 stations (Kysucké Nové Mesto and Krásno nad Kysucou) and 4 train stops are also part of the project.

Objectives

The project will increase the quality of rail services, and thereby will promote sustainable transport solutions in line with EU objectives. Furthermore, the infrastructure is located in a Convergence Region, and thereby improves accessibility and potentially facilitates regional development.

Comments

Under Framework Loan.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 53 million

Total cost (Approximate amount)

EUR 196 million

Environmental aspects

The project falls under Annex II of the EIA Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC.The Competent Authority decided that the project would not be subject to EIA, based on a preliminary environmental study. The environmental management of the project is in line with the EU environmental acquis. The project does not impact on any special areas of conservation (Natura 2000 network) and would result in about 3 kton of CO2 savings per year, mainly because the improved railway service would reduce freight transport by truck.

Procurement

The contracting authority, ŽSR, is a public promoter obliged to comply with the relevant applicable EU project legislation (EU directive 2004/18) and National Public Procurement legislation. The Promoter has confirmed that contracts for the implementation of the project have been tendered and awarded in accordance with this legal framework and that no claims have been raised against the project procurement. The promoter has complied with the requirement of publication of tender notices in the EU official Journal for the project contracts.

Status

Under appraisal - 10/01/2012

Disclaimer

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

Slovakia Transport