Release date: 14 February 2011
Promoter – Financial Intermediary
Metropolitan Community of Montpellier (Communauté d'A gglomération de Montpellier)
Location
Description
The project consists of the construction of a third 22 km tramway line with 31 stops and the 0.5 km westward extension of Line 1. Line III will cross four municipalities in succession: Montpellier, Lattes, Pérols and Juvignac. The project also includes the acquisition of 23 40m-long tram-sets, each with a capacity of 300 passengers. Urban development and landscaping measures form an integral part of the project.
Objectives
The project consists of the construction of a third 22 km tramway line with 31 stops and the 0.5 km westward extension of Line 1. Line III will cross four municipalities in succession: Montpellier, Lattes, Pérols and Juvignac. The project also includes the acquisition of 23 40m-long tram-sets, each with a capacity of 300 passengers. Urban development and landscaping measures form an integral part of the project.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Total cost (Approximate amount)
EUR 530 million.
Environmental aspects
The project comes under Annex II to Directive 85/337/EEC amended, which stipulates that the competent national authorities must decide whether an environmental impact assessment (EIA) is to be conducted. Under French law, the project is subject to an impact assessment as part of the Declaration of Public Interest (DUP) procedure. This procedure was completed in June 2007 and the project obtained a favourable opinion from the various government departments, including the environmental authority.
Procurement
Procurement procedures will be in accordance with national legislation and EU directives.
Status
Signed - 4/07/2011
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).