Release date: 23 April 2010
Promoter – Financial Intermediary
Administrator Infraestructuras Ferroviarias (ADIF)
Location
Description
The project involves the construction of approximately 252 km high-speed rail line to complete the connection from Madrid to Alicante and Murcia.
Objectives
The project will substantially improve travel time between Madrid Albacete, Alicante and Murcia and therefore between Madrid and the regions located in the South-East of Spain.
Sector(s)
Proposed EIB finance (Approximate amount)
Indicatively, up to EUR 900 million.
Total cost (Approximate amount)
Indicatively, around EUR 4 000 million.
Environmental aspects
According to EU Directive 85/337/EEC amended by 97/11/EC and 2003/35/EC, the project falls into the Annex I category and therefore an EIA is mandatory. Compliance with national and EU environmental legislation as well as potential impacts on Natura 2000 network will be verified during appraisal. The project planning predates the SEA Directive 2001/142/EC.
Procurement
The promoter has complied with the requirement of publication of tender notices both in the National and EU Official Journal for all the contract notices and all the contract awards (covering design, construction and works supervision contracts) for the Project up to the moment and is expected to do so in the remaining contracts to be procured.
Status
Signed - 22/06/2010
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).