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Signature(s)

Amount
€ 57,000,000
Countries
Sector(s)
Spain : € 57,000,000
Transport : € 57,000,000
Signature date(s)
14/05/2002 : € 57,000,000
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Summary sheet

Release date
27 April 2001
Status
Reference
Signed | 14/05/2002
20010105
Project name
Promoter - financial intermediary
Autovía León-Burgos (Phase III)
Comunidad Autónoma de Castilla y León through its subsidiary company, Gestión de Infraestructura de Castilla y León, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost
Around EUR 100 million
Location
Sector(s)
Description
Objectives

The project includes the final phase of the construction of a motorway between León and Burgos. The EIB has already financed the previous phases of this project.

The project will contribute to the regional development of Castilla y León by improving the road link between León and Burgos, accessibility within the areas concerned and also to the road network TEN between South of France and North of Portugal.

Environmental aspects
Procurement

The promoter is required to respect the norms imposed by the Directive 97/11/EC. An Environmental Impact Assessment has been realised. 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 European Union directives as regards invitations to tender.

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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 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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