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    Summary sheet

    Release date
    6 February 2015
    Status
    Reference
    Approved | 20/03/2015
    20110460
    Project name
    Promoter - financial intermediary
    BUDAPEST TRAMWAYS 1&3 (FL2009-0132)
    MINISTRY FOR NATIONAL ECONOMY
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 8 million
    EUR 138 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the reconstruction of two major tram lines in Budapest, lines 1 & 3, aligned along two parallel rings bordering Pest Central Business District, and the extension of tram line 1.

    The aim of the project is to improve the public transport service by developing and modernising tangential tramway lines and by creating new public transport network links and interchanges and modernising existing connections.

    Environmental aspects
    Procurement

    The investments are part of the transport operational programme for which a strategic environmental assessment (SEA) was concluded in 2007, in compliance with the SEA Directive 2001/42/EC, and they are also part of the development plan of the Budapest Transport System. Both components fall under Annex II of Directive 2011/92/EU, according to which the need for an environmental impact assessment (EIA) is decided on a case-by-case basis by the competent authority. The extension of the tram network and the refurbishment of the existing tramlines were screened out in accordance with EU and Hungarian regulations. The schemes are not likely to have any significant impact on the species and habitats of Natura 2000 sites.

    The promoter is a public company obliged to comply with European and national public procurement legislation. All of the works and services related to the implementation of the project have already been procured accordingly. The construction works and associated supervision were procured by the promoter in accordance with Directive 2004/18/EC. All the bid notices for construction and services were published in the Official Journal of the European Union (OJEU) and all the contracts have been awarded.

    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - BUDAPEST TRAMWAYS 1&3 (FL2009-0132)
    Publication Date
    31 Mar 2015
    Document language
    Main Topic
    Lending
    Document Number
    58215539
    Document Focus
    Environmental Information
    Project Number
    20110460
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BUDAPEST TRAMWAYS 1&3 (FL2009-0132)
    Publication Date
    8 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    68847305
    Document Focus
    Environmental Information
    Project Number
    20110460
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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