Release date: 17 September 2002
Promoter – Financial Intermediary
G I F (Gestor de Infraestructuras Ferroviarias)Location
Description
Construction of an 855 Km (including by-passes and other links) high-speed rail line.
Objectives
The project is a key component of the Madrid-Barcelona-Perpignan-Montepellier TGV Sud, one of the priority TENs identified by the Essen European Council. It will also connect Spain's two largest cities and economic centres through a high-speed transport system adapted to high levels of demand along one of the more congested routes in Europe.
Comments
Infrastructure, rail.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 2 500 m.
Environmental aspects
The promoter is required to respect the regulations imposed by European directives. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been taken as regards environmental protection.
Procurement
Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities' procurement, and national legislation. According to information provided by the promoter, all tenders were published in the EC Official Journal.
Status
Signed - 2/06/2003
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).