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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Portugal : € 200,000,000
    Transport : € 200,000,000
    Signature date(s)
    30/05/2008 : € 20,000,000
    30/05/2008 : € 25,992,780
    30/05/2008 : € 28,158,845
    30/05/2008 : € 51,597,833.75
    30/05/2008 : € 74,250,541.25

    Summary sheet

    Release date
    31 January 2008
    Status
    Reference
    Signed | 30/05/2008
    20020677
    Project name
    Promoter - financial intermediary
    IP4 Amarante-Vila Real PPP

    A consortium to be selected through a public international tender process.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to 50% of the project cost.
    To be assessed.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction of a new toll motorway of 30 km between the cities of Amarante and Vila Real, in the north of Portugal (including a 6 km long tunnel). The project will be implemented through a DBFO concession with a duration of 30 years.

    By delivering high quality road infrastructures, the project is expected to bring about significant benefits in terms of time-savings and safety.   

    Environmental aspects
    Procurement

    Compliance with EU environmental directives and national laws shall be ensured.

    Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities’ procurement, and national legislation.

    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).

    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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