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Reference: 20010637
Release date: 18 May 2002

Promoter – Financial Intermediary

Bilbao Exhibition Center SA

Location

Description

The project concerns the construction of a new integrated trade fair facility including exhibition pavilions, related service installations and parking areas, which will replace the existing obsolescent and badly sited facilities.

Objectives

The project is vital to maintain BEC's market position and hence ensure the long-term viability of the BEC.

Comments

Industry / Commercial exhibition and Trade Centre.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to 50% of the total project cost

Total cost (Approximate amount)

Around EUR 500 millions.

Environmental aspects

The promoter is required to respect the norms imposed by the Directive 97/11/EC. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been defined as regards environmental protection.

Procurement

The promoter is required to respect the EU Directives as regards procurement procedures.

Status

Signed - 16/05/2003

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).

Related tags

Spain Urban development