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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Greece : € 400,000,000
    Transport : € 400,000,000
    Signature date(s)
    16/11/2007 : € 100,000,000
    28/07/2005 : € 150,000,000
    30/01/2004 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    20 November 2003
    Status
    Reference
    Signed | 30/01/2004
    20030420
    Project name
    Promoter - financial intermediary
    Central-East Egnatia Motorway

    EGNATIA ODOS S.A.
    Contact: Mrs Papassiopi

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 400 m.
    Estimated at EUR 900 m.
    Location
    Sector(s)
    Description
    Objectives

    The proposed project consists of the design and construction of three sections of the central-eastern Egnatia road axis (TEN project) concerning in total 158km of motorway constructed as a dual carriageway 24,5m wide with 2 traffic lanes per carriageway, including a considerable amount of tunnels, bridges and interchanges. The project shall link major sections of the Egnatia road axis already financed by the Bank.

    The proposed project, forming part of the ongoing implementation of the Egnatia road axis, will link the sections already operating. The completion of the Egnatia road axis shall provide substantial time-savings and greatly assist private and commercial transport in the area of northern Greece and the Balkans and shall connect Turkey to central Europe through a high standard motorway.

    Environmental aspects
    Procurement

    The Bank requires of the Promoter to fully comply will all relevant EU legislation in the field of the environment.

    The Bank requires of the Promoter to fully comply with the provisions of the relevant EU procurement legislation.

    Comments

    Regional Development and Infrastructure of European Interest.

    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).

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