Release date: 28 April 2009
Promoter – Financial Intermediary
Comunidad Autónoma de MadridLocation
Description
The project comprises the planning, new building, rehabilitation and extension of, as well as the provision of furniture and equipment for pre-school, primary, secondary, vocational education buildings and other related infrastructure spread throughout the Comunidad de Madrid (CAM).
Objectives
The objective of this project is to improve the quality of the education provided by improving the quality of the educational estate.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 300 million.
Total cost (Approximate amount)
EUR 700 million.
Environmental aspects
Educational facilities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. During appraisal the Bank’s services will verify whether any EIA is required and the environmental effects of the project.
Procurement
The Bank will require the promoter to ensure that the contracts under the project have been or shall be tendered in accordance with EU public procurement procedures.
Status
Signed - 19/06/2009
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).