RFI AMMODERNAMENTO RETE

Promoter – Financial Intermediary

RETE FERROVIARIA ITALIANA SPA

Location

• Italy

Description

The project consists of several railway infrastructure renewal and upgrading schemes throughout Italy. Some of these schemes are located on the TEN-T (Regulation 1315/2013).

Objectives

The project is expected to contribute to preserving and, in some cases, improving the quality of rail services provided in Italy and will thereby contribute to sustainable transport in line with the EU objectives. The project is also partially located in a convergence zone and by facilitating access promotes regional development.

Comments

n/a

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

EUR 950 million

Total cost (Approximate amount)

EUR 1907 million

Environmental aspects

The project is an investment programme, therefore the need for an environmental impact assessment (EIA) may vary according to each scheme and will be analysed on a case-by-case basis, based on assessment of any potential significant impacts on protected areas and cumulative impacts. Nevertheless, based on the nature of works included in the project – which will be mainly undertaken on existing infrastructures – most schemes are not expected to be subject to EIA. Compliance with environmental and nature conservation directives will be reviewed at 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 and Dir. 2007/66/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 - 30/01/2015