Release date: 24 April 2002
Promoter – Financial Intermediary
Comunidad Autónoma de Cantabria (CAC)Location
Description
The project comprises a wide variety of schemes designed to improve basic infrastructure, transport, water and environmental protection. It covers the co-financing of the CAC's investment plan under the 2000-2006 Community Support Framework.
Objectives
The project will contribute to regional development by modernising and increasing the competitiveness of the Cantabrian economy as well as providing for basic infrastructure requirements and environmental protection measures.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 60 m
Total cost (Approximate amount)
The CAC's operational programme foresees expenditure of up to EUR 519 m.
Environmental aspects
The promoter is required to respect the regulations imposed by European directives. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been taken as regards environmental protection.
Procurement
The promoter is required to respect the community directives as regards invitations to tender.
Status
Signed - 13/12/2002
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).