Release date: 28 March 2011
Promoter – Financial Intermediary
Administração dos Portos do Douro e Leixões, S.A. (“APDL”)
Location
Description
The project consists of the development of the port of Leixões, in the North of Portugal. It includes the construction of a logistics platform in the direct vicinity of the port, as well as the development of a new “Cruise Terminal”, which is composed of a cruise terminal, a marina, and a Science and Technological Sea Park.
Objectives
The project is eligible under Article 309 point (a) projects for developing less-developed regions and point (c) common interest on two counts: trans-European transport networks and Sustainable Transport.
Sector(s)
Proposed EIB finance (Approximate amount)
Indicatively EUR 70 million
Total cost (Approximate amount)
Indicatively EUR 155 million
Environmental aspects
The project falls under Annex I of the EIA Directive and, as such, is required to comply with the requirements of the EU EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. The project was the subject of EIAs, with environmental authorizations granted in February and May 2009. All relevant EIA documentation (including compliance with the EU Habitats Directive 92/43/EEC) will be the subject of review during project appraisal.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/ shall be tendered in accordance with the relevant applicable EU procurement legislation, with parallel publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 7/06/2011
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).