Release date: 26 August 2008
Promoter – Financial Intermediary
Bizkaiko Garraio Partzuergoa Consorcio de Transportes de VizcayaLocation
Description
The project comprises the extension of the existing metro system of Bilbao. The extension 1 from Portugalete to Kabiezes (Line 2) is 3.8 km long and it includes 3 new stations (Penota, Santurtzi, Kabiezes).
Objectives
A Y-shaped metro network, formed with two lines, of 31 km and 20 km respectively with a common section of 10 km traversing Bilbao and its surroundings, would constitute the first phase of a larger metro network. The present project consists of the completion of the first phase of the metro network.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 210 million.
Total cost (Approximate amount)
EUR 420 million.
Environmental aspects
The project falls under Annex II of Directive 85/337/CEE (as amended) under which the national authorities decide, on a case-by-case basis, whether or not a full EIA is needed. Accordingly, EIAs have been carried out for sections Santurtzi-Kabiezes and Ariz-Basauri and will be further analysed during appraisal.
Procurement
The awarding authorities are public entities and follow national and EU procurement procedures (Directive 2004/17/CE), including publication of notices in the OJEC.
Status
Signed - 27/04/2009
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).