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Signature(s)

Amount
€ 55,000,000
Countries
Sector(s)
Türkiye : € 55,000,000
Transport : € 55,000,000
Signature date(s)
24/06/2004 : € 55,000,000
Link to source

Summary sheet

Release date
17 October 2002
Status
Reference
Signed | 24/06/2004
20020328
Project name
Promoter - financial intermediary
Bursa Light Rail Transit System
Greater Bursa Municipality
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approximately EUR 35 million
Approximately EUR 330 million
Location
Sector(s)
Description
Objectives

The project encompasses the construction of a first phase – i.e. the base line - of the Light Rail Transit System of the municipality of Bursa, including both civil works and equipment.

Historically, all transport throughout Metropolitan Bursa is road based. Like several other of Turkey's largest cities, Bursa is confronted with the problems of a rapidly increasing population and traffic congestion in central city areas. By developing a rail-based system, the municipality aims to improve the quality and enhance the attractiveness of its public transport services.

Environmental aspects
Procurement

The proposed extension of the LRTS would alleviate traffic congestion in the city centre with consequent environmental benefits. Throughout appraisal of the project, environmental issues will be thoroughly reviewed for compliance with environmental regulations in Turkey.

Procurement to be in line with requirements applicable in EU Member Countries with international competitive bidding.

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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