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    Reference: 20140765
    Release date: 11 June 2015

    Promoter – Financial Intermediary

    LAND BADEN-WUERTTEMBERG

    Location

    Description

    Investment programme into rolling stock and related infrastructure for local and regional public transport in Baden-Württemberg. Project to be carried out by SFBWG (Landesanstalt Schienenfahrzeuge Baden-Württemberg).

    Objectives

    The new rolling stock will improve public transport services in the Stuttgart region. More passengers should be attracted to public transport, resulting in improvements in overall mobility whilst reducing the adverse impacts of transport on the environment.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 680 million

    Total cost (Approximate amount)

    EUR 1671 million

    Environmental aspects

    The manufacture of rolling stock does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 85/337EEC as modified. It is not clear yet if any depots are necessary at this stage. New depots – if any –could fall under Annex II of the EIA Directive, and therefore may be subject to an EIA procedure. This aspect will be investigated during appraisal in order to confirm that this and other applicable EU environmental requirements will be complied with. If investment in any related infrastructure is part of the scope, then compliance with EU directives on the environment, including the EIA Directive, the Habitats Directive and the Birds Directive will be analysed during appraisal.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been and 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. The first tenders have been published. Network 1 is published under 2014/S 124-220981, d.d. 2.7.2014, Network 3b under 2015/S 072-127484, d.d. 14.04.2015 and Network 9a under 2014/S 250-444818, d.d. 30.12.2014.

    Status

    Approved - 24/07/2015

    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