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Reference: 20070460
Release date: 10 June 2008

Promoter – Financial Intermediary

ÖBB-Infrastruktur Bau AG

Location

Description

Construction of the new main railway station in Vienna, at the junction of Priority TEN-T railway corridors 17 (Paris-Vienna-Bratislava) and 22 (Nürnberg/Dresden-Prague-Vienna-Budapest-Athens/Constanta).

Objectives

The project will add capacity to accommodate anticipated growth, improve operational flexibility and thus reliability, allow faster train operation, ensure access for disable passengers to all railway installations and improve comfort. It will yield a 40 minute time saving along corridor 17.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 400 million

Total cost (Approximate amount)

in the order of EUR 1000 million

Environmental aspects

The project falls under Annex II of EU Directive 97/11/CE. An EIA for the project is underway. The environmental issues will be further investigated during appraisal. The Bank will seek confirmation from the competent authority confirming the appropriateness of the procedures applied. Further, the Bank will seek the formal declarations on the assessment carried out under article 6 of the Habitats Directive (92/43/EEC) and the outcome of this assessment, duly signed by the competent environmental authority (form A or B).

Procurement

The Promoter is subject to EU public procurement regulations. The promoter has ensured compliance with the European procurement legislation, including EU wide open tender procedures and publication in the EU Official Journal. The procurement procedure will be verified during appraisal

Status

Signed - 10/12/2008

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).

Related tags

Austria Transport