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    Signature(s)

    Amount
    € 465,000,000
    Countries
    Sector(s)
    Spain : € 465,000,000
    Transport : € 465,000,000
    Signature date(s)
    5/12/2013 : € 465,000,000
    Link to source
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    Summary sheet

    Release date
    17 September 2012
    Status
    Reference
    Signed | 05/12/2013
    20120223
    Project name
    Promoter - financial intermediary
    FOMENTO ROAD SAFETY & REHABILITATION
    REINO DE ESPANA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 475 million
    EUR 957 million
    Location
    Sector(s)
    Description
    Objectives

    The project is a multi-scheme road operation in Spain which will primarily include i) a variety of road safety measures such as safety barriers and upgrading of tunnels, bringing the network to current safety standards, ii) the rehabilitation and upgrade of several existing national roads, iii) the construction of city by-passes and missing links and (vi) road works to alleviate key bottlenecks with a view to enhance traffic fluidity.

    The project concerns a number of investments aiming at improving road safety and environmental impact and it will include schemes located in convergence regions and/or on the TEN-T network

    Environmental aspects
    Procurement

    All schemes to be financed under the proposed project will be required to comply with the relevant national legal framework. The applicability of EIA Directive 2011/92/EU, SEA directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 79/409/EEC will be reviewed at appraisal, in particular for the constructions of new roads and road widening schemes. Other investments such as rehabilitation schemes or safety barriers are not expected to fall under either Annex I or Annex II of the EIA Directive

    According to the information received so far, contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC), with publication of tender notices in the EU Official Journal, as and where appropriate. This will be reviewed at appraisal.

    Link to source
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    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - FOMENTO ROAD SAFETY & REHABILITATION
    Publication Date
    12 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    66414163
    Document Focus
    Environmental Information
    Project Number
    20120223
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - FOMENTO ROAD SAFETY & REHABILITATION
    Publication Date
    14 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    80201303
    Document Focus
    Environmental Information
    Project Number
    20120223
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
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    News & Stories

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    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.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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.

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    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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