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)
- Transport - Transportation and storage
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 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).