Release date: 13 November 2019
Promoter – Financial Intermediary
AUTORITA DI SISTEMA PORTUALE DEL MARE ADRIATICO ORIENTALELocation
Description
The project comprises railway capacity expansion and operations enhancement at the Port of Trieste by redesigning the main railway marshalling yard and rehabilitating existing internal railways. This operation falls under the Global Authorization of TEN-T Medium Sized Italian Ports Programme Loan (2014-0171).
Objectives
The project increases rail capacity and efficiency of the railway infrastructure at the Port of Trieste and allows the port to meet cargo transport demand from industry and consumers in the region and reduces overall logistic costs. This improves the competitive position of the region and contributes to growth and employment. The expected modal shift to rail transport and the overall efficiency improvement will increase the overall environmental sustainability of the regional supply chain as it will reduce negative externalities (carbon emission, pollution, accidents, noise) from transport compared to a situation without the project.
Comments
n/a
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 39 million
Total cost (Approximate amount)
EUR 65 million
Environmental aspects
The compliance of the project with the Strategic Environmental Assessment (SEA) Directive, Environmental Impact Assessment (EIA) Directive and Habitats and Birds Directives, including the status of environmental studies and public consultation, mitigation measures and biodiversity assessment requirements will be verified during appraisal.
Procurement
The promoter is a contracting authority within the meaning of art. 3 of Directive 2014/25/EC governing the procurement procedures of entities operating in the utilities and transport sectors. Therefore, all contracts financed by means of this operation have been, or shall be tendered in accordance with the referred directive, with publication of tender notices in the Official Journal of the EU, as and where appropriate.
Status
Signed - 20/12/2019
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).