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    Signature(s)

    Amount
    € 185,000,000
    Countries
    Sector(s)
    Spain : € 185,000,000
    Urban development : € 185,000,000
    Signature date(s)
    28/06/2012 : € 185,000,000
    Link to source

    Summary sheet

    Release date
    30 August 2011
    Status
    Reference
    Signed | 28/06/2012
    20110308
    Project name
    Promoter - financial intermediary
    Lorca Earthquake Reconstruction

    Comunidad Autónoma de la Región Murcia

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 250 million
    Up to EUR 500 million
    Location
    Sector(s)
    Description
    Objectives

    Reconstruction of various buildings, residential and non- residential, upgrading of cultural and historical heritage and improvement of public infrastructure (roads, telecommunications, utilities, etc.) in the municipality of Lorca (Region of Murcia), following the May 11th 2011 earthquake.

    The project involves the financing of the reconstruction of residential and non-residential buildings damaged in the earthquakes of May 11th 2011.

    Environmental aspects
    Procurement

    The project is a multi-sector multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, or may have an impact on an area forming part of the Natura 2000 network. It will be required that all the schemes be implemented in compliance with relevant EU environmental legislation. The potential social impacts will also be assessed as part of the appraisal.

    The promoter, as a public administration entity, is required to follow EU public procurement rules (Directives 2004/17/EC and 2007/18/EC), including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation. The promoter’s procurement rules and practices will be further reviewed by the Bank during appraisal.

    Link to source

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - LORCA EARTHQUAKE RECONSTRUCTION
    Publication Date
    12 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    66413044
    Document Focus
    Environmental Information
    Project Number
    20110308
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - LORCA EARTHQUAKE RECONSTRUCTION
    Publication Date
    31 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    138878957
    Document Focus
    Environmental Information
    Project Number
    20110308
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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