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Signature(s)

Amount
€ 730,000,000
Countries
Sector(s)
Greece : € 730,000,000
Transport : € 730,000,000
Signature date(s)
14/06/2019 : € 150,000,000
3/02/2022 : € 580,000,000
Link to source
Data sheet

Summary sheet

Release date
3 October 2017
Status
Reference
Signed | 14/06/2019
20130656
Project name
Promoter - financial intermediary
ATHENS METRO D
ATTIKO METRO SINGLE MEMBER SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 730 million
EUR 1706 million
Location
Sector(s)
Description
Objectives

The project will finance the acquisition of new rolling stock, design and construction of phase A of the new metro line 4 of the Athens metro system, which connects Alsos Veikou and Goudi. Line 4 will have strong linkages with other lines of the Athens Metro network and include five transfer stations to the existing Lines 1, 2 & 3. It herefore it is expected that Line 4 will help to reduce congestion in other Metro stations.

This new section of the Athens Metro will provide connection to many important facilities, such as hospitals, universities and their campuses, the courts area, regions with increased professional and commercial services, serving new residential areas and significantly reduce travel time to the city center. It is anticipated that the project will upgrade significantly the quality level of life in urban areas through reduction of noise levels and environmental pollution.

Environmental aspects
Procurement

The project falls under annex II of the Environmental Impact Assessment (EIA) directive and has been screened in by the Competent Authority. An environmental impact statement (EIS) has been completed and has been published for public consultation. The promoter expects to obtain the environmental permit at the end of 2017. The project is constructed inside the built-up area of Athens, and no significant impact on nature conservation areas is expected.

The promoter has 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. 2014/24/EU or 2014/25/EU and Dir. 2007/66/EC), with publication of tender notices in the Official Journal of the EU (OJEU), as and where appropriate.

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).

Documents

Environmental and Social Impact Assessment (ESIA) - ATHENS METRO D
Publication Date
25 Jan 2018
Document language
Main Topic
Lending
Document Number
81643511
Document Focus
Environmental Information
Project Number
20130656
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ATHENS METRO D
Publication Date
9 Mar 2018
Document language
Main Topic
Lending
Document Number
63115889
Document Focus
Environmental Information
Project Number
20130656
Sector(s)
Regions
Countries
Publicly available
Download now

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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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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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