Release date: 10 October 2008
Promoter – Financial Intermediary
Administrador de Infraestructuras Ferroviarias (ADIF).
Location
Description
The project consists of the construction of some 365 km of high-speed rail infrastructure between Madrid-Valencia.
Objectives
The project is a priority TEN and a key component of the Spanish high-speed rail network. The new line will connect with the Mediterranean corridor and from there to Barcelona and France.
Comments
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 1300 million.
Total cost (Approximate amount)
Around EUR 6 000 million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities’ procurement, and national legislation.
Status
Signed - 12/03/2009
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).