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    Signature(s)

    Amount
    € 180,000,000
    Countries
    Sector(s)
    Portugal : € 180,000,000
    Transport : € 180,000,000
    Signature date(s)
    17/12/2007 : € 60,000,000
    23/11/2009 : € 60,000,000
    20/05/2009 : € 60,000,000

    Summary sheet

    Release date
    24 January 2006
    Status
    Reference
    Signed | 17/12/2007
    20020402
    Project name
    Promoter - financial intermediary
    SCUT Açores (PPP)
    A consortium to be selected through a public internationaltender.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to 50% of total project cost.
    Estimated in the range of EUR 300-350m.
    Location
    Sector(s)
    Description
    Objectives

    A shadow toll road scheme to be procured on a DBFO basis (design, build, operate and finance). It will cover 94 km of road including c. 48 km of new road, the balance consisting of refurbishments.

    Through improving road standards and increasing road capacity, 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 in traffic safety.

    Environmental aspects
    Procurement

    Compliance with EU environmental directives and national laws will 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.

    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).

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