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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
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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.

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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.

Media enquiries

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

Complaints mechanism

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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