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    Signature(s)

    Amount
    € 1,400,000,000
    Countries
    Sector(s)
    Spain : € 1,400,000,000
    Transport : € 1,400,000,000
    Signature date(s)
    14/10/2010 : € 200,000,000
    10/01/2011 : € 200,000,000
    22/06/2010 : € 500,000,000
    4/06/2014 : € 500,000,000
    Link to source

    Summary sheet

    Release date
    23 April 2010
    Status
    Reference
    Signed | 22/06/2010
    20090631
    Project name
    Promoter - financial intermediary
    AVE Madrid - Alicante

    Administrator Infraestructuras Ferroviarias (ADIF)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Indicatively, up to EUR 900 million.
    Indicatively, around EUR 4 000 million.
    Location
    Sector(s)
    Description
    Objectives

    The project involves the construction of approximately 252 km high-speed rail line to complete the connection from Madrid to Alicante and Murcia.

    The project will substantially improve travel time between Madrid Albacete, Alicante and Murcia and therefore between Madrid and the regions located in the South-East of Spain.

    Environmental aspects
    Procurement

    According to EU Directive 85/337/EEC amended by 97/11/EC and 2003/35/EC, the project falls into the Annex I category and therefore an EIA is mandatory. Compliance with national and EU environmental legislation as well as potential impacts on Natura 2000 network will be verified during appraisal. The project planning predates the SEA Directive 2001/142/EC.

    The promoter has complied with the requirement of publication of tender notices both in the National and EU Official Journal for all the contract notices and all the contract awards (covering design, construction and works supervision contracts) for the Project up to the moment and is expected to do so in the remaining contracts to be procured.

    Link to source
    Summary sheet

    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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