REFER V

Promoter – Financial Intermediary

Rede Ferroviária Nacional REFER, E.P.

Location

• Portugal

Description

The project consists mainly of railway improvement and modernisation schemes on the regional line of "Beira-Baixa".

Objectives

Railway upgrade and capacity enhancement.

Comments

Railways.

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

Approximately EUR 150 million.

Total cost (Approximate amount)

Currently estimated at EUR 300 million.

Environmental aspects

Compliance with EU environmental directives and national laws will be ensured.

Procurement

REFER will follow the EU procurement procedures, including publication of tender notices in the EU Official Journal where applicable.

Status

Signed - 4/08/2008