Release date: 6 September 2005
Promoter – Financial Intermediary
Provincia di Matera and Provincia di PotenzaLocation
Description
Provinces of Matera and Potenza have established a Local Development Plan for Infrastructures (Programmi di Opere Pubbliche 2005-2007), defining investments to be carried out in the Basilicata Region directly by the two Provinces.
Objectives
The Project would involve the construction/upgrading of local roads and school building for upper education, in order to reduce the infrastructure endowment gap which affects the two provinces.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 70 million.
Total cost (Approximate amount)
Around EUR 220 million.
Environmental aspects
The project’s compliance with all applicable national and EU environmental legislation will be verified during appraisal.
Procurement
Procurement procedures followed are in accordance with the relevant applicable EU procurement legislation.
Status
Signed - 2/12/2005
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).