Release date: 26 August 2004
Promoter – Financial Intermediary
The Comunidad Autónoma de Madrid, acting through MINTRA (Madrid, Infraestructuras del Transporte).Location
Description
The project concerns a selection of urban transport schemes from the Comunidad de Madrid’s 2004-7 Investment Master Plan, which will be built and owned by MINTRA. Specifically it comprises the extensions, totalling 47 kms, of several metro lines (all running underground), mainly serving the north, south and eastern parts of Madrid. It also includes the acquisition of rolling stock for the new lines.
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.
Comments
Urban environment and regional development.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of the total project cost.
Total cost (Approximate amount)
Around EUR 3,700 million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Compliant with EU Directives.
Status
Signed - 7/03/2005
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).