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Reference: 20100153
Release date: 12 April 2011

Promoter – Financial Intermediary

Comunidad Autónoma de Aragón

Location

Description

Second framework loan for the financing of small and medium-sized investments in the areas of IT, RDI, education, health, social inclusion, urban transport, culture, administration, and environment in the region of Aragon.

Objectives

The Quadrennial Strategic Investment Plan 2009-2012 seeks to contribute significantly to mitigating the current phase of economic slowdown, to support job creation and create the conditions for sustainable development.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 150 million

Total cost (Approximate amount)

Up to EUR 744 million

Environmental aspects

The project is a multi-sector multi-scheme operation classified as 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. It will be required that all the schemes will be implemented in compliance with the EU environmental legislation.

Procurement

The promoter as a public administration entity is required to follow the 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. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.

Status

Signed - 15/09/2011

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 Urban development Transport Telecom Education Health Services