The project comprises the modernisation, remodelling, rehabilitation and extension, furnishing and equipment of schools in mainland Portugal.
Objectives
The project is consistent with EU policy. A well-educated and well-integrated/included population is critical for the current and future economic, intellectual and social development of a country. The project will enhance the human capital stock of Portugal. In addition, the majority of the sub-projects are located in convergence regions.
Comments
Sector(s)
Health, Education
Proposed EIB finance (Approximate amount)
EUR 600 million.
Total cost (Approximate amount)
Currently estimated at EUR 2.7 billion.
Environmental aspects
The project mainly consists of the rehabilitation of existing buildings. Therefore, according to the local planning and approval processes, the competent authorities have requested no EIA due to the size and location of the buildings.
Procurement
The compliance of the promoter’s procurement procedures with EU and national procedures applicable to public authorities will be reviewed during appraisal.
Status
Signed
-
27/05/2010.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding 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, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
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Zero-tolerance against fraud and corruption
The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
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