Release date: 17 July 2007
Promoter – Financial Intermediary
Comunidad Autónoma de Valencia through CIEGSA (Construcciones e Infraestructuras Educativas de la Generalitat Valenciana S.A.), its 100% owned special purpose entity.Location
Description
Construction and upgrade of primary, secondary and vocational educational facilities in the region of Valencia, largely within the Crea Scola programme.
Objectives
The project is expected to generate educational benefits by improving the learning environment and will provide modern teaching facilities in terms of infrastructure and tools/equipment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost, in one or several tranches.
Total cost (Approximate amount)
Up to EUR 1 600 million. A first group of schemes covering the initial investments adding up to EUR 1000 million has been subject of a first EIB tranche (Valencia Centros Escolares II-1). The project presented now (Valencia Centros Escolares II-2) covers the remaining investments within the programme.
Environmental aspects
Compliance with EU environmental directives and national laws shall be insured.
Procurement
Compliant with EU directives.
Status
Signed - 22/10/2008
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).