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Signature(s)

Amount
€ 350,000,000
Countries
Sector(s)
Portugal : € 350,000,000
Transport : € 350,000,000
Signature date(s)
11/01/2008 : € 350,000,000
Link to source

Summary sheet

Release date
30 March 2005
Status
Reference
Signed | 11/01/2008
20020676
Project name
Promoter - financial intermediary
Douro Litoral Public Private Partnership (IC24)
A special purpose company.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of total project cost.
Indicatively estimated at EUR 600m.
Location
Sector(s)
Description
Objectives

The project involves the design, construction and operation of 83km of new motorway under a long-term, real toll concession. The project will also include the operation of a further 47km of existing non-toll motorway.

By delivering high quality road infrastructures, the project will contribute to the reduction of traffic congestion at the local level and improve road safety and traffic conditions in the greater Porto area.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws to be ensured.

The project has been advertised in the Official Journal of the EU in accordance with EC Directive 93/37/CEE.

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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