Release date: 2 September 2009
Promoter – Financial Intermediary
Brest Métropole Océane (Communauté Urbaine de Brest)
Location
Description
Construction of first tramline in Brest.
Objectives
The purpose of this first tramline is to attract people to the city centre, facilitate east-west travel and open up new parts of the conurbation to promote urban renewal and rehabilitation.
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 140 million
Total cost (Approximate amount)
Approx. EUR 350 million
Environmental aspects
The project comes under Annex II to the Directive on EIAs; an EIA is not strictly mandatory although the works must be examined by the responsible authority. In this particular case, an EIA has already been carried out in accordance with the national legislation governing environmental issues and public enquiry procedures (enquiry prior to declaration of public interest).
Procurement
The promoter is required to comply with the EU's procurement procedures (Directive 2004/17/EC), including publication of invitations to tender in the Official Journal of the European Union. All contracts have been or will be awarded in accordance with regular, transparent procedures under the legal framework of the European Union, which have enabled or will enable the most economically and technically favourable bids to be selected. Under these conditions, the procurement procedures applied by the promoter are appropriate for the project and considered acceptable by the Bank.
Status
Signed - 7/06/2010
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).