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Signature(s)

Amount
€ 45,000,000
Countries
Sector(s)
Spain : € 45,000,000
Transport : € 45,000,000
Signature date(s)
18/07/2003 : € 45,000,000
Link to source
Data sheet

Summary sheet

Release date
23 August 2001
Status
Reference
Signed | 18/07/2003
19990439
Project name
Promoter - financial intermediary
Puerto de Sagunto
Autoridad Portuaria de Valencia (APV)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost
Around EUR 210 million
Location
Sector(s)
Description
Objectives

The project includes several improvements and extensions in the Port of Sagunto, which is under the responsibility of APV.The EIB has already contributed to financing the extension programme of the Port of Valencia.

The project will contribute to regional development by rationalising the activities in the port, adapting the infrastructure of the port to specific types of vessels/merchandise.

Environmental aspects
Procurement

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 defined as regards environmental protection.

The promoter is required to respect the European Union directives as regards invitations to tender.

Link to source
Summary sheet

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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Data sheet
Summary sheet

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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