Release date: 17 May 2010
Promoter – Financial Intermediary
Generalitat de Catalunya
Location
Description
The Investment Plan for Social Cohesion of Catalonia 2009-2012 seeks to contribute to economic growth and job creation, by promoting the development of human capital and regional infrastructure. Following approval and disbursement of the first Catalunya Infraestructura Regional,loan, the Bank has been requested to continue its support to the Region with financial contributions for eligible schemes in the areas outlined above under a second operation.
Objectives
A number of priority investment schemes have been selected for the purposes of this project covering the following areas: (i) social inclusion, (ii) health, (iii) education, (iv) culture and cultural heritage, (v) urban renewal, (vi) sustainable transport and (vii) environment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 250 million.
Total cost (Approximate amount)
The project cost for already selected schemes is tentatively estimated at EUR 1 103 million., financed by the regional budget and third parties and will be further checked during appraisal. The EIB will finance up to 50% of the regional contribution to the schemes.
Environmental aspects
The project is a multi-sector multi-scheme operation classified as a Framework Loan. Some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, or may have an impact on an area forming part of Natura 2000 network. Compliance with the relevant directives will be verified.
Procurement
The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate.
Status
Signed - 15/10/2010
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).