Release date: 3 February 2014
Promoter – Financial Intermediary
ESERCIZI AEROPORTUALI SEA SPALocation
Description
The project comprises the development and upgrading of several components at the Malpensa airport of Milan, including: a reconfiguration of the retail areas in two terminals, the upgrade of the buildings to meet new seismic standards, a new railway connection between terminals, the renewal of the runway drainage system, the upgrading of one runway's strips to make it compliant with ICAO’s safety recommendations, the enhancement of cargo facilities and the upgrade of the airport’s energy systems.
Objectives
The project's objectives are to increase commercial revenues, improve the airport’s operational efficiency, enhance safety and security and increase capacity to handle freight.
Comments
n/a
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 140 million
Total cost (Approximate amount)
EUR 295 million
Environmental aspects
A project of this type would normally be classified under Annex II of the EU EIA Directive 2011/92/EC, meaning that the Competent Authority makes the decision as to whether a formal EIA is required or not. This, and the status of any pre-existing development consents, will be reviewed and assessed during project appraisal.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 11/12/2014
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).