Release date: 27 April 2016
Promoter – Financial Intermediary
LINZ AG FUER ENERGIE TELEKOMMUNIKATION VERKEHR UND KOMMUNALE DIENSTELocation
Description
The project consists of an investment programme aiming to increase the capacity and improve the efficiency of the inland port of Linz, in Austria, in line with the port master plan. The final scope of the project will be defined during appraisal. The project promoter is LINZ AG, who owns and operates the facilities of the port of Linz. This is the second operation with this promoter.
Objectives
The project will increase the capacity and efficiency of freight logistics in the port of Linz. By fostering sustainable multimodal transport networks and increasing energy efficiency of the transport chain, the project will increase the competitiveness of the European economy and contribute to sustainable growth and employment in Europe.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 64 million
Total cost (Approximate amount)
EUR 128 million
Environmental aspects
The project's compliance with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, Environmental Impact Assessment (EIA) Directive 2011/92/EU, the Habitats Directive 92/43/EEC, the Birds Directive 2009/147/EC, the Water Framework Directive 2000/60/EC (as amended), including the status of any environmental studies and public consultation, mitigation/compensation measures, environmental and social monitoring plans and biodiversity assessment requirements, will be verified during appraisal.
Procurement
The promoter, LINZ AG, is a contracting entity within the meaning of Directive 2004/17/EC. 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 (Directive 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, 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 Official Journal of the EU, as and where required.
Status
Signed - 31/05/2018
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).