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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    Spain : € 110,000,000
    Composite infrastructure : € 110,000,000
    Signature date(s)
    4/12/2002 : € 110,000,000
    Link to source

    Summary sheet

    Release date
    28 November 2002
    Status
    Reference
    Signed | 04/12/2002
    20020081
    Project name
    Promoter - financial intermediary
    Principado de Asturias POI 2000 - 2006
    Comunidad Autónoma de Asturias (CAA)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Around EUR 110 million
    The CAA's operational programme foresees expenditure of up to EUR 800 million.
    Description
    Objectives

    The project comprises a wide variety of schemes designed to improve basic infrastructure, industrial base, information society, urban development, transport, water and environmental protection. It covers the co-financing of the CAA's investment plan under the 2000-2006 Community Support Framework.

    The project will contribute to regional development by modernising and increasing the competitiveness of the Asturian economy as well as providing for basic infrastructure requirements and environmental protection measures.

    Environmental aspects
    Procurement

    The promoter is required to respect the regulations imposed by European directives. Within the framework of the programme loan, the borrower will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.

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

    Link to source

    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).

    News & Stories

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