Release date: 19 August 2003
Promoter – Financial Intermediary
Syndicat Intercommunal pour les Transports urbains de la région de Valenciennes (SITURV).Location
Description
The project concerns the construction in Valenciennes of a dedicated public transport system (tramway). The first line will have a commercial length of 9.2 km, with 19 stops, 5 of which will be configured as intermodal hubs.
Objectives
The project, which forms part of the Urban Mobility Plan for Valenciennes, will help to connect the conurbation's residential, educational and economic centres. A number of subsidised housing districts will benefit from the tramway. University campuses and teaching establishments (colleges, secondary schools, etc…) will also be served by the first line.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 110 million
Total cost (Approximate amount)
EUR 262 million
Environmental aspects
Overall, the project will have a positive impact on the environment and on transport conditions in the Valenciennes conurbation.
Procurement
The project falls under European procurement directive 93/38/EC as amended by directive 98/4/EC. The promoter complies fully with the provisions of this directive.
Status
Signed - 27/12/2003
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).