Release date: 3 November 2006
Promoter – Financial Intermediary
Metro de Madrid, SALocation
Description
The project concerns the acquisition of rolling stock for the metro Madrid network.
Objectives
The project will contribute to improvements in Madrid’s public transport system by facilitating access to the city centre and increasing service capacity, reliability, frequency and comfort.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 400 million.
Total cost (Approximate amount)
Around EUR 1,000 million.
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 - 9/07/2007
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).