Release date: 29 July 2005
Promoter – Financial Intermediary
Syndicat Intercommunal de Traitement des Ordures Ménagères de l’Agglomération Parisienne (SYCTOM)Location
Description
Construction of a multi-purpose urban waste processing centre in Issy-les-Moulineaux, Paris region.
Objectives
The project forms part of the departmental household and similar waste elimination plan drawn up by the public authorities in application of current legislation. It consists of replacing the existing 40-year old processing centre with a state-of-the-art facility meeting the latest EU environmental standards.
Comments
Environment.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 250 million.
Total cost (Approximate amount)
Around EUR 560 million.
Environmental aspects
The project’s design complies with EU environmental directives, in particular Directive 2000/76/EC on waste incineration. Owing to the facility’s proximity to densely populated residential areas, the regional authorities have required the design to meet the strictest atmospheric emissions standards, which are well below the thresholds laid down by national and Community law.
Procurement
SYCTOM is subject to EU procurement directives. All works contracts for schemes financed by the Bank will be let in accordance with EU law.
Status
Signed - 24/05/2006
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).