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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Spain : € 400,000,000
    Education : € 70,800,000
    Services : € 329,200,000
    Signature date(s)
    30/09/2011 : € 70,800,000
    30/09/2011 : € 329,200,000

    Summary sheet

    Release date
    31 May 2011
    Status
    Reference
    Signed | 30/09/2011
    20080733
    Project name
    Promoter - financial intermediary
    País Vasco Knowledge Economy

    Comunidad Autónoma del País Vasco

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 400 million
    Up to EUR 1 200 million
    Location
    Sector(s)
    Description
    Objectives

    The project supports País Vasco’s four year (2009-2012) investment programme with a set of new projects in support of the knowledge economy.

    The project comprises small and medium-sized investment schemes in education and culture, ICT, and RDI (i) in support of the Region’s “Information Society Plan” in keeping with a strategy intended to adapt the Basque society to the digital era, foster cultural change and place new technologies at the service of citizens with the object of improving their standard of living, increasing social balance and strengthening the value of the economy, (ii) to create the conditions for economic growth and sustainable development, and (iii) to promote the development of human capital and regional infrastructure.

    Environmental aspects
    Procurement

    The project is a multi-sector, multi-scheme operation. Some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, or may have an impact on areas forming part of Natura 2000 network. It will be required that all the schemes will be implemented in compliance with the EU environmental legislation.

    As a public administration entity the promoter is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC), including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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