Release date: 29 April 2008
Promoter – Financial Intermediary
Abertis
Location
Description
The project concerns the enlargement of two sections of motorway AP7 in Cataluña totalling some 123 km, the first section from Maçanet to La Jonquera (AP7-North), and the second section from Vendrell to Salou (AP7-South).
Objectives
Improve traffic safety and reduce congestion on the existing road network.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost.
Total cost (Approximate amount)
Estimated at around EUR 550 million.
Environmental aspects
The project falls under Annex II of the EU Directive 85/337/EEC (and following amendments): Requirements with regards to compliance with the EIA process, as well as requirements for the SEA and Habitats Directives will be clarified during the appraisal.
Procurement
The project's compliance with applicable EU legislation will be checked, with respect in particular to parallel publication of tender notices in the EU Official Journal, as and where appropriate. Details of the procurement procedures and strategies will be revised during the appraisal.
Status
Signed - 3/06/2010
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).