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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