Release date: 3 March 2010
Promoter – Financial Intermediary
SPA AUTOVIE VENETELocation
Description
Widening of the A4 18,5 km highway section between Quarto d'Altino and San Donà di Piave (Veneto) and the 41 km highway section between Palmanova (A23 junction - Friuli Venezia Giulia) to Portogruaro (A28 junction - Veneto)
Objectives
The expected economic benefits include time savings and vehicle operating cost reductions for road users due to enhanced road capacity. The project offers safety as well as environmental benefits, as congestion will be reduced and standards improved.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 375 million
Total cost (Approximate amount)
EUR 1180 million
Environmental aspects
Please refer to the Environmental and Social Data Sheet for details. Prior to the disbursement relevant for each section the promoter will provide the Bank with written confirmation from the competent authority that the provisions of the Habitats Directive have been complied with.
Procurement
The promoter is a majority publicly owned company, subject to the provisions of Directive 2004/18/EC, as transposed into national law. All contracts are being procured accordingly.
Status
Signed - 27/02/2017
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).