Release date: 31 January 2008
Promoter – Financial Intermediary
A consortium to be selected through a public international tender process.
Location
Description
The project consists of the construction of a new toll motorway of 30 km between the cities of Amarante and Vila Real, in the north of Portugal (including a 6 km long tunnel). The project will be implemented through a DBFO concession with a duration of 30 years.
Objectives
By delivering high quality road infrastructures, the project is expected to bring about significant benefits in terms of time-savings and safety.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the project cost.
Total cost (Approximate amount)
To be assessed.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities’ procurement, and national legislation.
Status
Signed - 30/05/2008
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).