Release date: 27 April 2006
Promoter – Financial Intermediary
Autoridad Portuaria de la Bahía de AlgecirasLocation
Description
The project concerns the construction of a new container terminal and related maritime civil works (dykes and quays) to extend the facilities of the Port of Algeciras.
Objectives
The overall objective of the project is to accommodate the increasing needs of both seaside and wharf facilities that current traffic forecasts demand. The Port is a key transport node for international container traffic and is located in an Objective 1 region.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of project cost.
Total cost (Approximate amount)
Estimated at around EUR 397 millions.
Environmental aspects
Compliance with EU environmental directives and national laws will be ensured.
Procurement
Compliant with EU Directives.
Status
Signed - 27/11/2006
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).