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Release date
11 April 2005
Status
Reference
Signed | 10/01/2007
20000079
Project name
Promoter - financial intermediary
Grande Lisboa PPP (IC16-IC30)
A consortium to be selected through a public international tender process.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of total project cost.
Indicatively estimated in the range of EUR 200 million to EUR 250million.
Description
Objectives
Design, construction/widening maintenance and operation, under a long-term concession, of a 25km real toll motorway, of which 4 km are already built, as well as, for a period of 5 years, operation and maintenance of 64km of roads.
Through improving road standards and increasing road capacity in the greater Lisbon area, the project will improve flows of passenger and freight traffic. Immediate benefits will be reductions in travel time and in vehicle operating costs, as well as improvements on traffic safety.
Environmental aspects
Procurement
Compliance with EU environmental directives and national laws shall be ensured.
The project has been advertised in the Official Journal of the EU in accordance with EU Directive 93/37/EEC.
Comments
Road transport.
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