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Signature(s)

Amount
€ 110,000,000
Countries
Sector(s)
France : € 110,000,000
Transport : € 110,000,000
Signature date(s)
1/12/2003 : € 15,900,000
1/12/2003 : € 17,250,000
3/12/2003 : € 26,520,000
27/11/2003 : € 50,330,000
Link to source

Summary sheet

Release date
19 August 2003
Status
Reference
Signed | 27/12/2003
19990394
Project name
Promoter - financial intermediary
Tramway de Valenciennes
Syndicat Intercommunal pour les Transports urbains de la région de Valenciennes (SITURV).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 110 million
EUR 262 million
Location
Sector(s)
Description
Objectives

The project concerns the construction in Valenciennes of a dedicated public transport system (tramway). The first line will have a commercial length of 9.2 km, with 19 stops, 5 of which will be configured as intermodal hubs.

The project, which forms part of the Urban Mobility Plan for Valenciennes, will help to connect the conurbation's residential, educational and economic centres. A number of subsidised housing districts will benefit from the tramway. University campuses and teaching establishments (colleges, secondary schools, etc…) will also be served by the first line.

Environmental aspects
Procurement

Overall, the project will have a positive impact on the environment and on transport conditions in the Valenciennes conurbation.

The project falls under European procurement directive 93/38/EC as amended by directive 98/4/EC. The promoter complies fully with the provisions of this directive.

Link to source

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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