AUTOSTRADA BREBEMI PPP

Construction of the new 62-km toll motorway and ancillary works connecting Brescia to Milano through Bergamo province.

The new infrastructure should attract part of the long distance traffic currently travelling along the existing A4 motorway and thus is expected to relieve congestion along the corridor Milano-Bergamo-Brescia. It is expected to result in substantial travel time savings as well as a reduction in vehicle operating costs. The Project is expected to have some air quality and greenhouse gas benefits.

The Project will be required to comply with the relevant national and regional legal framework, and to be in line with EU environmental policies. The Promoter has already provided some approval documentation from the Competent Authorities. The compliance with the EIA Directives will be discussed and verified during appraisal.

The Bank will require the Promoter to ensure that contracts for the implementation of the Project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate. During appraisal, the Bank will review the procurement procedures and require that they are compliant with the applicable EU directives.