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OEBB UNTERINNTAL

Signature(s)

Amount
€ 1,000,000,000
Countries
Sector(s)
Austria : € 1,000,000,000
Transport : € 1,000,000,000
Signature date(s)
24/02/2010 : € 200,000,000
16/12/2011 : € 200,000,000
28/07/2011 : € 200,000,000
17/11/2009 : € 200,000,000
17/11/2009 : € 200,000,000
Link to source
Data sheet

Summary sheet

Release date
20 August 2009
Status
Reference
Signed | 17/11/2009
20090183
Project name
Promoter - financial intermediary
ÖBB Unterinntal
ÖBB-Infrastruktur Bau AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 1.000 million.
EUR 2.300 million.
Location
Sector(s)
Description
Objectives

Construction of a 40 km section of 2-track high-speed line on the Brenner railway axis (Berlin-Palermo TEN-T Priority Project No. 1) between Kundl/Radfeld and Baumkirchen in the Lower Inn Valley in Tyrol (Austria).

The project will remove an existing bottleneck on the TEN 1 corridor and allow an increase in rail traffic through the present Brenner Pass route. In addition, the project will reduce operating and maintenance costs, allow travel time savings, improve safety and reduce environmental effects. The general increase in speed, comfort and quality of service will reinforce the attractiveness of rail transport compared to alternative modes, thereby reducing energy consumption and environmental pollution.

Environmental aspects
Procurement

The project falls under Annex 1 of the EU Directive 85/337/EEC. Compliance with all applicable EU and national environmental legislation on environment will be verified during appraisal, with particular focus on the following:
- SEA (Strategic Environmental Assessment), in accordance with EU Directive 2001/42
- EIA (Environmental Impact Assessment), in accordance with Directive 85/337/EEC (and following amendments Directive 97/11/EC and 2003/35/E)
- Nature Conservation, in accordance with EU Habitat Directive 92/43/EEC (especially Articles 6, 10 and 12) and EU Birds Directive 74/409/EEC.

The Promoter is subject to EU public procurement regulations. The Bank will require the promoter to ensure that the contracts related to the project have been or shall be tendered in accordance with EU public procurement procedures. The procurement procedure will be verified during appraisal.

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).

News & Stories

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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