Release date: 28 April 2003
Promoter – Financial Intermediary
The consortium, BRISAL - Autoestradas do Litoral.Location
Description
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).
Objectives
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.
Comments
Road transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost.
Total cost (Approximate amount)
EUR 600m, indicatively.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
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.
Status
Signed - 30/09/2004
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).