Release date: 13 July 2010
Promoter – Financial Intermediary
República Portuguesa
Location
Description
The project concerns primarily the co-financing of priority investments in Portugal under the National Strategic Reference Framework (NSRF) in the period 2007-2013.
Objectives
The protection of environment and sustainable communities, knowledge economy, TENs, Convergence.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 1 500 million.
Total cost (Approximate amount)
Total cost of the operational programmes included is estimated at EUR 23 411 million.
Environmental aspects
The project, being a multi-sector, multi-scheme, operation classified as a Framework Loan/Structural Programme Loan, will have a number of effects on the environment, including a reduction in the level of pollution, environmental protection, improved water and wastewater services as well as improved waste management. The Bank will require the promoter to act according to the provisions of the relevant EU directives, including the SEA, EIA, Habitats and Birds Directives.
Procurement
The promoter, as a public administration entity, is required to follow EU public procurement rules (2004/17/EC and 2004/18/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 - 19/11/2010
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).