Release date: 28 September 2022
Promoter – Financial Intermediary
ZELEZNICE SLOVENSKEJ REPUBLIKYLocation
Description
Rehabilitation and modernisation of core Trans-European Transport Network (TEN-T) railway infrastructure from Devínska Nová Ves in Slovakia to the borders of Austria and Czech Republic.
Objectives
The investments will ensure compliance with the applicable TEN-T standards. After rehabilitation and modernisation, it is expected that maximum speeds on the line will increase significantly on the majority of improved sections, from presently 120-140 km/h to up to 200 km/h. Consequently, transport benefits are expected from the removal of bottlenecks, shorter and more reliable travel times, increased safety and improved railway services.
Comments
Components of the project have either received or are intending to apply for EU grants - including European structural and investment funds (ESIF), Connecting Europe Facility (CEF) and Recovery and Resilience Facility (RRF).
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 194 million
Total cost (Approximate amount)
EUR 890 million
Environmental aspects
Where and if applicable, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC (to be completed as relevant/applicable) will be verified during appraisal. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and pollution prevention and control.
Procurement
The Bank will require the Promoter to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation Directive 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/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
Approved - 8/12/2022
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).