Release date: 3 September 2004
Promoter – Financial Intermediary
Territorio Historico de Alava through Vias de Alava, SA and Territoria Historico de Guipuzcoa through BIDEGI, SA.Location
Description
The project consists of the construction of a 45 km toll motorway connecting the cities of Eibar and Vitoria (around 30km in Guipuzcoa and 15 km in Alava).
Objectives
The project represents a substantial reinforcement in a congested section of the transport corridor between Portugal and France.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost.
Total cost (Approximate amount)
Around EUR 900 million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Compliance with EU Directives shall be ensured.
Status
Signed - 4/05/2007
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).