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    Reference: 20130010
    Release date: 27 June 2013

    Promoter – Financial Intermediary

    One of the largest toll road operators in Europe.

    Location

    Description

    The project consists of several small and mid-sized investment schemes, including installation of safety barriers, noise barriers and tunnel improvements to enhance the safety and environmental performances of a number of motorway sections in Italy on a motorway network managed under concession and representing a total length of some 2854km.

    Objectives

    Safety enhancement and noise reduction measures are expected to lead to significant societal benefits. In addition, the investments included in the project are in line with the increased safety and environmental standards associated with European policies.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 777 million

    Environmental aspects

    During appraisal the Bank will verify the compliance of the investments composing the project with the Environmental Impact Assessment Directive 2011/92/EU, Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC as and where appropriate.

    Procurement

    The project's compliance with the applicable EU procurement legislation (Dir. 2004/17/EC or 2004/18/EC and Dir. 2007/66/EC) will be checked during appraisal, with respect, in particular, to the publication of the tender notices in the EU Official Journal as and where appropriate. Details of the procurement strategies will be reviewed during the appraisal.

    Status

    Signed - 20/09/2013

    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

    Italy Transport