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        LITORAL CENTRO MOTORWAY (DBFO)

        Signature(s)

        Amount
        € 263,873,680
        Countries
        Sector(s)
        Portugal : € 263,873,680
        Transport : € 263,873,680
        Signature date(s)
        30/09/2004 : € 263,873,680

        Summary sheet

        Release date
        28 April 2003
        Status
        Reference
        Signed | 30/09/2004
        19990470
        Project name
        Promoter - financial intermediary
        Litoral Centro Motorway
        The consortium, BRISAL - Autoestradas do Litoral.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to 50% of the total project cost.
        EUR 600m, indicatively.
        Location
        Sector(s)
        Description
        Objectives

        The project consists of the design, construction and operation, under a 30-year concession, of a new toll motorway (100 km length) between Marinha Grande and Mira (central Portugal).

        By delivering high quality road infrastructures, the project will contribute to reduce the traffic congestion at the local level and to improve the road safety and traffic conditions in the west coast of Portugal.

        Environmental aspects
        Procurement

        Compliance with EU environmental directives and national laws shall be ensured.

        The project was advertised in the Official Journal of the EU in June 1999, in accordance with Directive 93/37/CEE and the concession was awarded provisionally on 12/03/2003.

        Comments

        Road transport.

        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).

        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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        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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