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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 100,000,000
Transport : € 100,000,000
Signature date(s)
11/02/2010 : € 100,000,000
Link to source

Summary sheet

Release date
1 October 2009
Status
Reference
Signed | 11/02/2010
20080532
Project name
Promoter - financial intermediary
Extremadura Road Network
Comunidad Autónoma de Extremadura
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
Up to EUR 223 million.
Location
Sector(s)
Description
Objectives

Construction of 6 road schemes totalling approximately 21 km, including 5 bypasses and 1 new 8 km road section; Upgrading of 14 road schemes totalling approximately 211 km, necessary due to increase in traffic. All works will take place on 2-lane roads.

The project encompasses 2 lines of action to improve the regional road network in the Autonomous Community of Extremadura. The schemes will expand capacity, reduce travel times and increase traffic safety.

Environmental aspects
Procurement

All schemes to be financed under the proposed project will be required to comply with the relevant national and regional legal framework, to be in line with EU environmental policy and acceptable in environmental terms to the EIB. In particular, compliance with EU Directive 97/11/EC and 2003/35/EC, amending 85/337/EEC, the Habitats and SEA Directive 2001/42/EC will be verified during appraisal.

The Bank will review the procurement process during appraisal to confirm that it is compliant with applicable EU procurement legislation (Dir 2004/18 or 2004/17/EEC).

Link to source

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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