Release date: 19 December 2002
Promoter – Financial Intermediary
A cement and buildings materials group based in Portugal.Location
Description
The project concerns the promoter's medium-term investment programme in Portugal, including the modernisation of three cement plants and three distribution centres, as well as ancillary investments in information and control systems.
Objectives
The project forms part of an industrial programme intended to modernise the production facilities and enhance the productivity, efficiency and levels of environmental protection.
Comments
Cement.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 65 million indicatively.
Total cost (Approximate amount)
EUR 130 million indicatively.
Environmental aspects
The project is designed to meet all relevant environmental laws and regulation.
Procurement
Award of works, equipment supply and services contracts will comply with national and EU legislation.
Status
Signed - 18/09/2003
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).