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Signature(s)

Amount
€ 90,000,000
Countries
Sector(s)
France : € 90,000,000
Transport : € 90,000,000
Signature date(s)
7/06/2010 : € 90,000,000
Link to source
Data sheet

Summary sheet

Release date
2 September 2009
Status
Reference
Signed | 07/06/2010
20090226
Project name
Promoter - financial intermediary
Brest Tramway

Brest Métropole Océane (Communauté Urbaine de Brest)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approx. EUR 140 million
Approx. EUR 350 million
Location
Sector(s)
Description
Objectives

Construction of first tramline in Brest.

The purpose of this first tramline is to attract people to the city centre, facilitate east-west travel and open up new parts of the conurbation to promote urban renewal and rehabilitation.

Environmental aspects
Procurement

The project comes under Annex II to the Directive on EIAs; an EIA is not strictly mandatory although the works must be examined by the responsible authority. In this particular case, an EIA has already been carried out in accordance with the national legislation governing environmental issues and public enquiry procedures (enquiry prior to declaration of public interest).

The promoter is required to comply with the EU's procurement procedures (Directive 2004/17/EC), including publication of invitations to tender in the Official Journal of the European Union. All contracts have been or will be awarded in accordance with regular, transparent procedures under the legal framework of the European Union, which have enabled or will enable the most economically and technically favourable bids to be selected. Under these conditions, the procurement procedures applied by the promoter are appropriate for the project and considered acceptable by the Bank.

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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