Reference:
20030411
Release date: 30 October 2003
Release date: 30 October 2003
Promoter – Financial Intermediary
Caixa Geral de Depósitos, S.A..Location
Description
Framework loan to finance housing rehabilitation and social housing schemes in the context of urban regeneration/renewal programmes throughout Portugal.
Objectives
The project will contribute to improve urban quality of life and to redress the deficit of social housing in the main municipalities of Portugal.
Comments
Social housing and urban renewal.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
In excess of EUR 300 million.
Environmental aspects
EU environmental directives have been incorporated into national laws so compliance is ensured for the few specific cases where EU legislation is applicable to housing projects.
Procurement
The intermediary will ensure that the investments to be financed under the present loan will comply with the EU procurement Directives.
Status
Signed - 11/12/2003