Reference: 20120310
Release date: 10 February 2016

Promoter – Financial Intermediary

FRAPORT AG FRANKFURT AIRPORT SERVICES WORLDWIDE

Location

Description

The proposed investment loan will finance part of the first development phase of the new Terminal 3 at Frankfurt Airport. The Project includes the provision of the main terminal building with two piers and 24 stands, the link of the existing baggage conveyor system, an additional Sky Line people-mover system and various associated airside and landside works.

Objectives

The proposed project expands the airport infrastructure to accommodate future traffic growth and improve passenger service standards at Germany's main international air transport hub.

Comments

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 600 million

Total cost (Approximate amount)

EUR 3924 million

Environmental aspects

A project of this type would normally be classified under Annex II of the EU EIA Directive 2011/92/EC, meaning that the Competent Authority makes the decision as to whether a formal EIA is required or not. This, and the status of any existing development consents, will be reviewed and assessed during project appraisal.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 1/03/2017

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

Germany Transport