Release date: 1 October 2009
Promoter – Financial Intermediary
Comunidad Autónoma de ExtremaduraLocation
Description
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.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Up to EUR 223 million.
Environmental aspects
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.
Procurement
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).
Status
Signed - 11/02/2010
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).