Release date: 16 April 2003
Promoter – Financial Intermediary
The developer and operator of the backbone toll motorway network in Portugal (c. 1100 km) under a government concession which runs until 2032.Location
Description
The project concerns the construction of two relief motorways forming a greater outer ring road of Lisbon.
Objectives
The project will contribute to the fluidity of traffic around the Lisbon conurbation, with benefits in terms of travel times, vehicle operating costs and safety.
Comments
Road transport.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 450 million indicatively.
Total cost (Approximate amount)
EUR 940 million indicatively.
Environmental aspects
The project is designed to meet all relevant environmental laws and regulation.
Procurement
Award of works, equipment supply and services contracts will comply with national and EU legislation.
Status
Signed - 21/08/2003
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).