Release date: 11 April 2005
Promoter – Financial Intermediary
A consortium to be selected through a public international tender process.Location
Description
Design, construction/widening maintenance and operation, under a long-term concession, of a 25km real toll motorway, of which 4 km are already built, as well as, for a period of 5 years, operation and maintenance of 64km of roads.
Objectives
Through improving road standards and increasing road capacity in the greater Lisbon area, the project will improve flows of passenger and freight traffic. Immediate benefits will be reductions in travel time and in vehicle operating costs, as well as improvements on traffic safety.
Comments
Road transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of total project cost.
Total cost (Approximate amount)
Indicatively estimated in the range of EUR 200 million to EUR 250million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
The project has been advertised in the Official Journal of the EU in accordance with EU Directive 93/37/EEC.
Status
Signed - 10/01/2007
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).