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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Spain : € 250,000,000
    Transport : € 250,000,000
    Signature date(s)
    25/09/2008 : € 100,000,000
    27/11/2008 : € 150,000,000

    Summary sheet

    Release date
    10 June 2008
    Status
    Reference
    Signed | 25/09/2008
    20070373
    Project name
    Promoter - financial intermediary
    Malaga Airport Infrastructure
    AENA

     

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Around EUR 250 million
    Around EUR 550 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of construction of the second runway in Malaga Airport

    Malaga Airport provides an important gateway to the region for travelers from Europe and the rest of the world. This project is expected to reduce congestion and improve service quality and comfort for passengers.

    Environmental aspects
    Procurement

    The project is classified under Annex I of EIA Directive 85/337EEC as amended by Directive 97/11/EC and 2003/35/EC, thus requiring formal Environmental Impact Assessment process. A number of protected areas which may be impacted have been identified in the vicinity of the airport for which suitable protection and mitigation measures have been established. The promoter has confirmed that the project has been subject to a full EIA process. The Bank will assess during appraisal compliance with both the EIA and Habitats directives.

    Procurement procedures applied by the promoter are in compliance with EU Directives applicable to public authorities’ procurement, and national legislation. Under these conditions, the procurement procedures followed by the promoter are both suitable for the project and satisfactory to the Bank.

    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.

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    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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