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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Portugal : € 40,000,000
    Transport : € 40,000,000
    Signature date(s)
    17/05/2018 : € 20,000,000
    17/05/2018 : € 20,000,000

    Summary sheet

    Release date
    31 October 2017
    Status
    Reference
    Signed | 17/05/2018
    20170413
    Project name
    Promoter - financial intermediary
    PORTUGUESE PORTS PRIVATE INVESTMENT PLAN 2017-2019
    YILPORT IBERIA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 95 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the capacity expansion of the existing container terminals in Leixões (Porto) and Alcântara (Lisboa), in Portugal. The investments, which will be undertaken by the private operator, include new handling equipment and additional civil works, like earthworks and demolitions, pavements, access improvement, new buildings, and services and utilities. The aim of the project is to provide the terminals with enough capacity to accommodate more traffic and to alleviate operational constraints.

    The project will contribute to develop strategic transport projects, including Trans-European Transport Networks (TEN-T), and will support maritime transport as an alternative to other less sustainable transport modes. The project will increase the capacity and efficiency of freight logistics in the ports. This will decrease maritime transport costs of import and export goods and will have a positive impact on the competitiveness of the regions, supporting sustainable growth and employment in Europe. The port of Leixões is located in a Cohesion Priority Region for the 2014-2020 programming period.

    Environmental aspects
    Procurement

    Compliance with the SEA Directive 2001/42/EC, the EIA Directive 2011/92/EC as amended by 2014/52/EU, the Habitats Directive 92/43/EEC, the Birds Directive 2009/147/EC, the Water Framework Directive 2000/60/EC (as amended), the Floods Directive 2007/60/EC, as well as biodiversity assessment requirements, climate change adaptation issues, mitigation/compensation measures and environmental and social monitoring plans, will be assessed in detail during appraisal for each sub-project.

    The concessions to develop and operate the container terminals located at the Leixões (Porto) and Alcântara (Lisboa) were awarded prior to the entry into force of Directive 2014/23/EU, regulating the award of concession contracts. During appraisal, the Bank will require the promoter to ensure that the concessions were awarded in line with the applicable European legal framework at the time of the award and/or with the Principles of the EU Treaty. The Bank will assess if the promoter is subject to EU public procurement legislation Directive 2014/25/EU, and if so, then the Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/25/EU, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the European Union, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - PORTUGUESE PORTS PRIVATE INVESTMENT PLAN 2017-19
    Publication Date
    6 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    81268250
    Document Focus
    Environmental Information
    Project Number
    20170413
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PORTUGUESE PORTS PRIVATE INVESTMENT PLAN 2017-19
    Publication Date
    31 Dec 2025
    Document language
    Main Topic
    Lending
    Document Number
    254636933
    Document Focus
    Environmental Information
    Project Number
    20170413
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - PORTUGUESE PORTS PRIVATE INVESTMENT PLAN 2017-2019
    Publication Date
    16 Apr 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    82850998
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170413
    Last update
    16 Apr 2018
    Sector(s)
    Transport
    Countries
    Portugal
    Publicly available
    Download now

    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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