CLUJ-NAPOCA -EPISCOPIA BIHOR RRF CO-FINANCING

Promoteur – Intermédiaire Financier

ROMANIA

Lieu

• Roumanie

Description

The project involves the electrification and rehabilitation of the railway line Cluj Napoca-Oradea-Episcopia Bihor to the border with Hungary.

Objectifs

The proposed operation is an investment loan to co-finance the upgrade of an existing 166 km railway line in north-western Romania. The project is located in an EIB Cohesion Priority Region and the railway is on the comprehensive Trans-European Transport Network (TEN-T) that connects Cluj-Napoca, Oradea, Episcopia Bihor to the border with Hungary. The main objective of the project is to electrify and upgrade railway infrastructure, to allow a maximum speed of up to 120 km/h (freight trains) and up to 160 km/h on certain sections for passenger trains, to ensure compliance with Technical Specifications for Interoperability (TSI) including installation of the European Rail Traffic Management System (ERTMS).

Secteur(s)

• Transports - Transports et entreposage

Montant BEI envisagé (montant approximatif)

EUR 300 million

Coût total (montant approximatif)

EUR 1976 million

Aspects environnementaux

The operation consists of rehabilitation and construction of railway transport infrastructure. 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.

Passation des marchés

The Bank will require the promoter to ensure that contracts for implementation of the project have been and 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 EU Official Journal, as and where required.

Statut

Approuvé - 6/02/2024