Release date: 28 May 2009
Promoter – Financial Intermediary
City of Paris
Location
Description
Extension of the tramway line T3 of Paris.
Objectives
The project is related to the extension of the tramway line T3 of Paris, for a total length of 14.5 km and 26 stations, improving by-pass interconnections between the existing metro and RER lines between Porte d’Ivry and Porte de la Chapelle, in the eastern outskirts of the city.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 400 million.
Total cost (Approximate amount)
EUR 800 million.
Environmental aspects
The project falls under Annex II of the EIA Directive (85/337/ECC as subsequently amended): accordingly, an EIA is not strictly required but should be screened by the Competent Authority. In the case of a tramway project in France, an EIA is normally required in order to comply with the national legislation concerning the protection of the environment. However, due to the predominantly urban characteristics of the project, environmental impacts are expected to be limited and Natura 2000 areas are unlikely to be affected. As usual, all these aspects will be further investigated as part of the normal due diligence.
Procurement
The Promoter is subject to and follows EU procurement procedures, including publication in the EU Official Journal. All contracts over the relevant EU Directive thresholds will be put out to international tendering. Under these conditions, the procedures adopted by the Promoter are suitable for the project and acceptable to the Bank.
Status
Signed - 28/09/2009
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).