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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Austria : € 150,000,000
    Transport : € 150,000,000
    Signature date(s)
    28/07/2016 : € 50,000,000
    18/12/2017 : € 100,000,000

    Summary sheet

    Release date
    14 July 2015
    Status
    Reference
    Signed | 28/07/2016
    20150444
    Project name
    Promoter - financial intermediary
    TRAM-REG-BAHN INNSBRUCK
    LANDESHAUPTSTADT INNSBRUCK
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 335 million
    Location
    Sector(s)
    Description
    Objectives

    Extension of the tram network infrastructure and acquisition of rolling stock.

    The project comprises investments in infrastructure and rolling stock for the Tram/Regionalbahn Innsbruck. The network runs from Völs in the west through the city centre of Innsbruck via the Olympic Village to Rum in the east. The project includes investment in new infrastructure (approximately 12km), adaptations of existing infrastructure (approximately 9 km) and in new trams (approximately 50 vehicles). The demand for public transport in Innsbruck is increasing not only due to growth in the population, but also due to modal shift. The new trains and extended network will increase the attractiveness and improve the efficiency of the public transport system.

    Environmental aspects
    Procurement

    Construction of tramways and, if any, depots, falls within the scope of Annex II of Directive 2011/92/EU. Accordingly, the competent authority must decide on the requirement of an environmental impact assessment (EIA). Compliance with the EIA Directive, possible impact on protected areas (EU Directives 2009/147/EC and 92/43/EEC) as well as the possible cumulative impact with adjacent projects (in accordance with Directive 2001/42/EC on strategic environmental assessment) will be checked during the appraisal. Overall, the project can be expected to contribute to an improvement of the urban environment thanks to reduced emission of noise and pollutants by tram vehicles compared to the current buses, and by contributing to the promotion of public transport, reducing individual car use.

    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 (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.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - TRAM-REG-BAHN INNSBRUCK
    Publication Date
    8 Jun 2016
    Document language
    Main Topic
    Lending
    Document Number
    66900854
    Document Focus
    Environmental Information
    Project Number
    20150444
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - TRAM-REG-BAHN INNSBRUCK
    Publication Date
    28 Nov 2024
    Document language
    Main Topic
    Lending
    Document Number
    226878850
    Document Focus
    Environmental Information
    Project Number
    20150444
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

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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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