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Signature(s)

Amount
€ 54,000,000
Countries
Sector(s)
Spain : € 54,000,000
Transport : € 54,000,000
Signature date(s)
6/10/2011 : € 54,000,000
Link to source

Summary sheet

Release date
10 November 2010
Status
Reference
Signed | 06/10/2011
20100179
Project name
Promoter - financial intermediary
TABASA Infraestructura Transporte

TABASA Infraestructures I Serveis de Mobilitat S.A.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 125 million.
EUR 250 million.
Location
Sector(s)
Description
Objectives

The project consists of the construction of several infrastructures, mainly improving public transport in the Barcelona metropolitan area, including a Bus Rapid Transport infrastructure, a new suburban train station and a manoeuvring track facility in the Plaza de Cataluña terminal.

The project aims at increasing the level of service and effectiveness of the transport network of the Barcelona metropolitan area, thus decreasing congestion on some important corridors and contributing to attracting users to public transport away from private cars.

Environmental aspects
Procurement

Most of the schemes included are new public transport infrastructures with some selected urban road network extensions, and therefore fall under Annex II of the EU EIA Directive 85/337/EC, according to which authorities decide on a case-by-case basis whether a full EIA has to be carried out or not. For some of the schemes it is already known that a full EIA has been carried out. Full details on EIA and Natura 2000 issues will be checked at appraisal stage. The project is expected to have some positive impacts on environment thanks to the decrease of congestion on the road network, and the modal shift from private cars to public transport.

The promoter is a public entity subject to EU public procurement regulations. The Bank will require the promoter to ensure that contracts for the implementation of the Project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and 2004/18/EC) with parallel publication of tender notices in the EU Official Journal, as and where appropriate. All the details will be checked at appraisal stage.

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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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.

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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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