Release date: 30 March 2005
Promoter – Financial Intermediary
A special purpose company.Location
Description
The project involves the design, construction and operation of 83km of new motorway under a long-term, real toll concession. The project will also include the operation of a further 47km of existing non-toll motorway.
Objectives
By delivering high quality road infrastructures, the project will contribute to the reduction of traffic congestion at the local level and improve road safety and traffic conditions in the greater Porto area.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of total project cost.
Total cost (Approximate amount)
Indicatively estimated at EUR 600m.
Environmental aspects
Compliance with EU environmental directives and national laws to be ensured.
Procurement
The project has been advertised in the Official Journal of the EU in accordance with EC Directive 93/37/CEE.
Status
Signed - 11/01/2008
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).