Puerto de Las Palmas

Promoter – Financial Intermediary

Autoridad Portuaria de Las Palmas (APLP).

Location

• Spain

Description

Part of the investment programme 2001-2004 of the APLP including the extension and improvement of the existing port infrastructure.

Objectives

The project will contribute significantly to the economic growth of this objective 1 area in Spain.

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

Around EUR 50 million

Total cost (Approximate amount)

Around EUR 200 million

Environmental aspects

The compliance with the Directive 97/11 will be verified during the Bank's appraisal, and the status of any environmental studies and public consultations will be reviewed.

Procurement

The promoter fully complies with the national and EU tender regulations for public authorities. All contracts of works over EUR 5 million have been or will be put out to international tendering with publication of notices in the EC Official Journal.

Status

Signed - 26/02/2003