Release date: 24 January 2006
Promoter – Financial Intermediary
A consortium to be selected through a public internationaltender.Location
Description
A shadow toll road scheme to be procured on a DBFO basis (design, build, operate and finance). It will cover 94 km of road including c. 48 km of new road, the balance consisting of refurbishments.
Objectives
Through improving road standards and increasing road capacity, the project will improve flows of passenger and freight traffic. Immediate benefits will be reductions in travel time and in vehicle operating costs, as well as improvements in traffic safety.
Comments
Road transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of total project cost.
Total cost (Approximate amount)
Estimated in the range of EUR 300-350m.
Environmental aspects
Compliance with EU environmental directives and national laws will be ensured.
Procurement
The project has been advertised in the Official Journal of the EU in accordance with EU Directive 93/37/EEC.
Status
Signed - 17/12/2007
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).