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Mitsui Rail Capital Europe B.V.
The project consists in the acquisition of around 80 new locomotives for leasing to European rail freight service operators (Railway Undertakings for freight in EU terminology) and possibly to a limited extent for passenger transport.
The locomotives are destined to replace existing locomotives or provide additional capacity for the expanding rail freight market. The project will support rail freight competitiveness on a wider European level and contribute to the transfer of traffic from road to rail.
The project does not fall under either Annex I or Annex II of the Environmental Impact Assessment Directive 85/337/EC, as amended, as manufacturing and use of rail rolling stock is not included in either list.
The Promoter is a private entity and is therefore not subject to provisions of Directive 2004/17/EC. Promoter’s Procurement arrangements are however acceptable to the Bank.