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The project consists of the acquisition of M7 double-deck passenger vehicles.
The project is expected to generate rolling stock operating and maintenance costs savings. It should also improve the quality and increase the offer of passenger rail services in Belgium.
The investment proposed under the project does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU) as manufacturing and use of rail rolling stock is not included in either list. The need for an EIA and/or assessment according to the Habitats Directive for associated facilities (e.g. maintenance workshops or depots) will be analysed during the appraisal. The project is expected to have a positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market.
The promoter is a contracting entity subject to public procurement rules. 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, with publication of tender notices in the EU Official Journal, as and where required.