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TRANVIA DE ALICANTE

Signature(s)

Amount
€ 175,000,000
Countries
Sector(s)
Spain : € 175,000,000
Transport : € 175,000,000
Signature date(s)
18/07/2003 : € 30,000,000
12/01/2004 : € 45,000,000
9/03/2004 : € 100,000,000
Link to source
Data sheet
TRANVIA DE ALICANTE
Other links
Summary sheet
Tranvía de Alicante

Summary sheet

Release date
1 April 2003
Status
Reference
Signed | 18/07/2003
20030073
Project name
Promoter - financial intermediary
Tranvía de Alicante
Comunidad Autónoma de Valencia, through its 100% subsidiary Ferrocarrils de la Generalitat Valenciana
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost.
EUR 350 million.
Location
Sector(s)
Description
Objectives

The project consists of the construction of a new tramway line in the city of Alicante. Acquisition of the necessary related rolling stock is also included.

The project will contribute to improving urban transport in Valencia and Alicante by increasing reliability, frequency and public transport service comfort.

Environmental aspects
Procurement

The effect on the urban environment is expected to be positive. The promoter is required to respect the norms imposed by the Directive 97/11/EC. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been taken as regards environmental protection.

The promoter is required to respect the EU Directives as regards invitations to tender.

Comments

Communication.

Link to source
Summary sheet
Tranvía de Alicante
Other links
Data sheet
TRANVIA DE ALICANTE

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).

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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