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Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
Spain : € 40,000,000
Water, sewerage : € 14,000,000
Transport : € 26,000,000
Signature date(s)
6/12/2002 : € 14,000,000
6/12/2002 : € 26,000,000
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Summary sheet

Release date
29 June 2002
Status
Reference
Signed | 06/12/2002
20010686
Project name
Promoter - financial intermediary
Infraestructura de Extremadura IV
Junta de Extremadura
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 70 millions: this financing will only be formalised upon the promoter's express request and signature of the corresponding finance contract.
Around EUR 350 millions
Description
Objectives

The project comprises schemes designed to improve the rural road network, water supply networks and basis tourism infrastructure in the Autonomous Region of Extremadura.

The project will contribute to regional development and to improving the environment in the region of Extremadura.

Environmental aspects
Procurement

The promoter is required to respect the regulations imposed by European directives. 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 directives as regards invitations to tender.

Comments

Infrastructure

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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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