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Reference: 20050614
Release date: 2 February 2006

Promoter – Financial Intermediary

Madrid, Infraestructuras del Transporte (MINTRA)

Location

Description

The project concerns a selection of schemes from Comunidad de Madrid (through MINTRA) Investment Master Plan for 2004-07. Specifically, it comprises the extension of several underground metro lines, mainly serving the north and eastern parts of Madrid.

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 200 million.

Total cost (Approximate amount)

Around EUR 3.2 billion.

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 - 13/07/2006

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).

Related tags

Spain Transport