Release date: 26 November 2015
Promoter – Financial Intermediary
PROVINCIA AUTONOMA DI BOLZANOLocation
Description
Upgrade of the railway line Merano - Malles in the Italian Provincia Autonoma di Bolzano, including the electrification of the whole line, the adoption of European rail traffic management system (ERTMS) signalling and the adoption of a 30-minute clock-face schedule
Objectives
The Merano - Malles railway line provides a valid alternative to cars and coaches for both inhabitants and tourists in the Italian Provincia Autonoma di Bolzano and is therefore regarded by the promoter as key to its sustainable transport policy.
Comments
n/a
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 26 million
Total cost (Approximate amount)
EUR 58 million
Environmental aspects
The project falls under Annex II of the Environmental Impact Assessment (EIA) Directive and therefore it may be subject to a fully-fledged impact assessment in accordance with EU legislation, depending on the outcome of the screening process carried out by the competent authority. This aspect will be further checked during appraisal, along with the project's compliance with the Habitats and Birds Directives.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project are 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 - 27/10/2016
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).