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        AUTOVIAS RENOVACION PPP

        Signature(s)

        Amount
        € 211,109,154
        Countries
        Sector(s)
        Spain : € 211,109,154
        Transport : € 211,109,154
        Signature date(s)
        2/07/2008 : € 37,081,190
        23/05/2008 : € 48,000,000
        25/06/2008 : € 58,250,000
        15/10/2008 : € 67,777,964

        Summary sheet

        Release date
        2 February 2006
        Status
        Reference
        Signed | 23/05/2008
        20050591
        Project name
        Promoter - financial intermediary
        Autovias Renovacion PPP
        Reino de Espana
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to 50% of the cost for each individual concession.
        Around EUR 2,000 million.
        Location
        Sector(s)
        Description
        Objectives

        The project consists of the rehabilitation and upgrading of four Spanish National roads: A1, A2, A3 and A4. The project will be implemented through several concession contracts.

        The project will improve traffic conditions on the main radial axes of the country, which are included in the road TEN-T network. Main project benefits are expected to stem from safety improvements.

        Environmental aspects
        Procurement

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

        Compliance with Council Directives applicable to public authorities' procurement and national legislation shall be ensured.

        Comments

        Road

        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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