Release date: 30 October 2003
Promoter – Financial Intermediary
SANTANDER CENTRAL HISPANO, S.A. (SCH)Location
Description
The global loan will be used to finance eligible infrastructure investments of local authorities, public sector institutions and also semi-public and private companies under concession of local authorities. Most of the projects will be located in assisted areas objectives 1 and 2.
Objectives
The project will contribute to regional development by improving infrastructures in assisted areas and thus helping correcting regional disparities.
Comments
Industry, services, tourism, infrastructure, energy, environ-mental protection, health, education and housing.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 33% of the total investment in projects on average
Total cost (Approximate amount)
Not available
Environmental aspects
In accordance with the Bank’s global loans policy, SCH will ensure that national legislation and EU directives will be applied as regards environmental protection.
Procurement
In accordance with the Bank’s global loan policy, SCH will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 20/02/2004