Tunis Urban Rail Fleet Renewal

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 46507

Status Repaying

Location

Tunisia

Business Sector

Municipal Infrastructure

Notice Type

State

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 46507

Status Repaying

Location

Tunisia

Business Sector

Municipal Infrastructure

Notice Type

State

Environmental Category

Approval Date

11 Dec 2019

Disclosure date

25 Sep 2017

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Translated version of this PSD: French

Project Description

Provision of a sovereign loan of up to EUR 100 million to the Republic of Tunisia, to be on-lent to the Societe des Transports de Tunis ("TRANSTU" or the "Company").

The tranched loan will be used to finance a EUR 240.2 million Urban Rail Fleet Renewal programme including (i) the acquisition of new light rail suburban trains for the historic rail line linking the centre of Tunis with the northern suburb of La Marsa ("Tranche 1"), (ii) the construction of a tramway maintenance depot in Manouba ("Tranche 2"), and (iii) the refurbishment of existing tramway cars and/or the acquisition of new ones ("Tranche 3"), (altogether the "Project" or the "Tranches"). It is envisaged that the Tranches will be committed in stages.

It is expected that the Project will be co-financed by a sovereign loan of up to EUR 100 million from the European Investment Bank ("EIB") and a EUR 40.2 million budget contribution from the Republic of Tunisia.

Project Objectives

Supporting the upgrade and renovation of the rail urban transport network in Tunis, in order to enhance the network's capacity, performance, reliability and safety.

Transition Impact

The Bank's engagement will entail the introduction of a Corporate Development Programme ("CDP") to support TRANSTU in its restructuring efforts and in adopting and implementing measures to improve its financial sustainability and operational efficiency. In addition, the Bank's engagement will support TRANSTU in adopting and implementing measures to improve its internal controls, compliance and other aspects of its corporate governance through the development and the implementation of a Corporate Governance Action Plan ('CGAP"). The Project will also contribute to lowering carbon emissions by i) preventing a modal shift to road by creating additional capacity in the network to address the expected passenger growth, through the renewal of TGM and metro train sets; ii) shifting traffic from road to rail transport by optimising journey times and; iii) increasing overall fleet availability and optimising operations through the construction of a new maintenance depot.

Client Information

SOCIETE DE TRANSPORT DE TUNIS

EBRD Finance Summary

EUR 100,000,000.00

Total Project Cost

EUR 240,200,000.00

Environmental and Social Summary

Categorised B (ESP 2014). The Environmental and Social risks associated with the Project are expected to be site specific, readily identifiable and can be mitigated through the implementation of a targeted Environmental and Social Action Plan ("ESAP").

Environmental and Social Due Diligence ("ESDD") of the Project will be tranched; ESDD of Tranche 1 will be undertaken by the Bank's staff and Tranches 2 and 3 will be undertaken by independent consultants. ESDD will include a review of the Company's corporate and operational level EHSS procedures and standards, as well as an audit of existing operations and an analysis of impacts and benefits of the proposed investment, including potential GET and gender components. Potential E&S issues include disposal of hazardous waste and wastewater from trains, depots and train maintenance and repair workshops; occupational and commuter health, safety and security as well as stakeholder engagement.

An ESAP and Stakeholder Engagement Plan ("SEP") will be developed and agreed with the Company prior to Final Review. This PSD will be updated with the findings of the ESDD prior to the Board meeting.

Technical Cooperation

TC support for this operation will be provided to assist the Company with: (i) the procurement and the implementation of the Project; (ii) the preparation of an integrated due diligence study for fleet renewal programme; (iii) the development and implementation of a comprehensive Corporate Development Programme; (iv) the development and implementation of a Corporate Governance Action Plan; and (v) the development of a comprehensive support package to assist in implementation of the required measures under the Environmental and Social Action Plan.

Company Contact Information

Asma Ben Abdelaziz
assma_benabdellaziz@yahoo.fr
+216 71 904 908
+216 71 904 883
http://www.transtu.tn
33 Avenue du Japon - Montplaisir 1073 Tunis

Transition impact

ETI Score:60

PSD last updated

27 Nov 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

Our story

How we invest in changing lives

What we offer for businesses

Search