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Signature(s)

Amount
€ 36,250,000
Countries
Sector(s)
Spain : € 36,250,000
Health : € 36,250,000
Signature date(s)
31/03/2004 : € 36,250,000
Link to source

Summary sheet

Release date
26 March 2003
Status
Reference
Signed | 31/03/2004
20030018
Project name
Promoter - financial intermediary
Infraestructura Social Vizcaya - Bizkaia
Territorio Histórico de Vizcaya - Bizkaia
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost.
EUR 80 million.
Location
Sector(s)
Description
Objectives

The project consists of the construction a total number of 10 old age homes for senior citizens in the province of Vizcaya - Bizkaia.

The project will improve the life quality of senior citizens in the province of Vizcaya - Bizkaia.

Environmental aspects
Procurement

Compliance with EU Directive 97/11 will be verified during the Bank’s appraisal, and the status of any environmental studies and public consultations will be reviewed.

Procurement procedures applied by the promoter are expected to be in compliance with EU Directives applicable to public authorities procurement and national legislation, but will be reviewed during appraisal.

Comments

Social assistance

Link to source
Other links

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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