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Signature(s)

Amount
€ 63,000,000
Countries
Sector(s)
Austria : € 63,000,000
Transport : € 63,000,000
Signature date(s)
17/07/2003 : € 63,000,000
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Summary sheet

Summary sheet

Release date
17 January 2003
Status
Reference
Signed | 17/07/2003
20020518
Project name
Promoter - financial intermediary
Logistik Center Linz
Österreichische Bundesbahnen (ÖBB) represented by the Transport Operations Division
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
About EUR 60 million.
About EUR 130 million.
Location
Sector(s)
Description
Objectives

The Logistic Center Linz (LCL) will be part of a larger redevelopment scheme of existing railway facilities in the city of Linz in Upper Austria, which is an important crossroads between Trans-European corridors in East-West and North-South directions. It will create a state-of-the-art facility for the handling and storage of itemized freight, with excellent rail and road connections, integrated into the domestic 24-hour-delivery network operated by Rail Cargo Austria.

The LCL replaces outdated existing facilities within Linz and neighbouring cities, which can no longer cope with market requirements. Thus, the new LCL facilities are crucial to maintain or increase the share of rail in the segment of itemized goods traffic.

Environmental aspects
Procurement

The project is subject to Annex II of EU Directive 97/11. Appraisal will verify that it has received all environmental approvals.

OBB has published or will publish all works and services related to the project implementation in full compliance with both national and EU legislation, which will be verified during appraisal. Under these conditions, the procurement procedures followed by the promoter are suitable to the project and satisfactory to the Bank.

Link to source
Summary sheet
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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).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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