Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 600,000,000
Countries
Sector(s)
Austria : € 600,000,000
Transport : € 600,000,000
Signature date(s)
5/11/2014 : € 600,000,000
Link to source

Summary sheet

Release date
20 May 2014
Status
Reference
Signed | 05/11/2014
20140253
Project name
Promoter - financial intermediary
OEBB INFRASTRUKTUR ERNEUERUNG
OEBB-INFRASTRUKTUR AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 600 million
EUR 1500 million
Location
Sector(s)
Description
Objectives

The project concerns investments to rehabilitate and upgrade the existing railway infrastructure in Austria. The works are located throughout the railway network. The rehabilitation works will include railway stations, bridges, railway junctions, energy installations, tracks, buildings, and signaling and telecommunication installations.

The investments are framed in the approved long term Investment Plan for Austria (Rahmenplan 2013-2018). They are necessary to continue providing safe and reliable railway services in the country, thus promoting sustainable mobility in line with EU objectives.

Environmental aspects
Procurement

The project concerns a large number of small schemes, therefore the need for an EIA may vary for each scheme and will be analysed on a case by case basis, as well as any potential significant impacts on protected areas. Nevertheless, based on the nature of works included in the project - which will be mainly undertaken on already existing infrastructure - most schemes are not expected to be subject to an EIA process. Compliance with environmental and nature protection directives and procedures and status of environmental permits will be checked during appraisal.
The project is expected to have positive impacts on the environment thanks to the increase in the railway system’s efficiency, comfort and safety, which shall contribute to preventing a modal shift from rail to road transport by maintaining the attractiveness and competitiveness of railway transport.

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 (Directives 2004/18/EEC/ and 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

Link to source

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 Data Sheet (ESDS) - OEBB INFRASTRUKTUR ERNEUERUNG
Publication Date
23 Oct 2014
Document language
Main Topic
Lending
Document Number
55576256
Document Focus
Environmental Information
Project Number
20140253
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - OEBB INFRASTRUKTUR ERNEUERUNG
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
87960062
Document Focus
Environmental Information
Project Number
20140253
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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.

Related publications