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Signature(s)

Amount
€ 105,000,000
Countries
Sector(s)
Spain : € 105,000,000
Transport : € 105,000,000
Signature date(s)
17/12/2015 : € 105,000,000
Link to source

Summary sheet

Release date
18 August 2015
Status
Reference
Signed | 17/12/2015
20150115
Project name
Promoter - financial intermediary
SPANISH STATE FUND FOR PORTS ACCESSIBILITY
ORGANISMO PUBLICO PUERTOS DEL ESTADO
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 105 million
EUR 484 million
Location
Sector(s)
Description
Objectives

The project consists of a framework loan to fund rail and road access investments in state-owned ports in Spain through a State Fund - "PAF" (Port Accessibility Fund). The project will help to improve land connectivity in key ports all located in the TEN-T Network. The operation will be a natural continuation of the extensive support provided by the EIB to the development of this seaport network over the last years.

The project contributes to strategic transport objectives including TEN-T, Climate Action, Cohesion Priority Regions / Economic and Social Cohesion, Conventional railways, roads and motorways.

Environmental aspects
Procurement

As the operation includes several different schemes in several different locations, the need for an Environmental Impact Assessment (EIA) may vary according to location and will be analysed on a case-by-case basis at allocation stage. The same procedure will be followed to assess potential significant impacts on protected nature areas. Compliance with environmental and nature conservation directives and procedures will be checked at the allocation stage. The promoters and final beneficiaries' environmental compliance capabilities will be checked during appraisal.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable ED procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the ED, with publication of tender notices in the ED Official Journal, as and where required.

Related projects
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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) - ACCESSIBILITY PORTS INFRASTRUCTURE
Publication Date
30 Jan 2016
Document language
Main Topic
Lending
Document Number
64468905
Document Focus
Environmental Information
Project Number
20150115
Sector(s)
Regions
Countries
Publicly available
Download now

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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