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Signature(s)

Amount
€ 190,000,000
Countries
Sector(s)
France : € 190,000,000
Transport : € 190,000,000
Signature date(s)
14/10/2005 : € 190,000,000
Link to source
Data sheet

Summary sheet

Release date
17 June 2005
Status
Reference
Signed | 14/10/2005
20040032
Project name
Promoter - financial intermediary
COFIROUTE A28
Cofiroute S.A (Compagnie Financière et Industrielle des Autoroutes).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 190 million.
Approximately EUR 400 million, including interest during construction.
Location
Sector(s)
Description
Objectives

The projet concerns the construction and equipping of the last two sections (57 km) of the A28 European motorway, between Alençon et Tours, in western central France.

By completing the stretch of motorway on France’s Atlantic seaboard, the project will encourage trade between north-western Europe (Germany, Benelux, United Kingdom) and the Iberian Peninsula, contribute to the economic development of the regions through which the motorway passes, provide a link with the major sea and river ports of the North Sea (English Channel and Atlantic), reduce congestion in the north-south corridor crossing the Paris region and eliminate most of the pollution associated with traffic passing through the conurbations situated along Route Nationale 138, which is a trunk road with a very high accident rate.

Environmental aspects
Procurement

The project is covered by EU Directives 85/337/EC and 92/43/EC. Its design was the subject of detailed environmental studies and the motorway was declared to be in the public interest.

All the works and supplies contracts will be awarded in accordance with the relevant EU procurement directives.

Comments

Motorways.

Link to source
Summary sheet

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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Data sheet
Summary sheet

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