Release date: 17 September 2015
Promoter – Financial Intermediary
ROTTERDAMSE ELEKTRISCHE TRAM NVLocation
Description
The project consists of the purchase of modern light rail vehicles, and the refurbishment and construction of related infrastructure.
Objectives
The project will increase the attractiveness of public transport in the region and promote sustainable transport, thus contributing to the EIB's climate action priority objective.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
Manufacture of the new train sets will take place in the manufacturer's plant and does not fall within the scope of Environmental Impact Assessment (EIA) Directive 2011/92/EU; therefore no EIA is required for this component. Compliance of the new depot, the expansion of existing depot and associated facilities (i.e. infrastructure, if any) will be analysed during appraisal.
Procurement
The promoter is subject to and follows public procurement rules according to EU regulations. The procurement process followed for these trains, as for the other projects components, will be reviewed during appraisal.
Status
Signed - 15/12/2016
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).