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Signature(s)

Amount
€ 1,125,000,000
Countries
Sector(s)
Spain : € 1,125,000,000
Transport : € 1,125,000,000
Signature date(s)
7/03/2005 : € 1,125,000,000
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Summary sheet

Release date
26 August 2004
Status
Reference
Signed | 07/03/2005
20040160
Project name
Promoter - financial intermediary
Metro de Madrid III - MINTRA
The Comunidad Autónoma de Madrid, acting through MINTRA (Madrid, Infraestructuras del Transporte).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost.
Around EUR 3,700 million.
Location
Sector(s)
Description
Objectives

The project concerns a selection of urban transport schemes from the Comunidad de Madrid’s 2004-7 Investment Master Plan, which will be built and owned by MINTRA. Specifically it comprises the extensions, totalling 47 kms, of several metro lines (all running underground), mainly serving the north, south and eastern parts of Madrid. It also includes the acquisition of rolling stock for the new lines.

The project will contribute to improvements in Madrid’s public transport system by facilitating access to the city centre and increasing service capacity, reliability, frequency and comfort.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws shall be ensured.

Compliant with EU Directives.

Comments

Urban environment and regional development.

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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).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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