Release date: 21 September 2011
Promoter – Financial Intermediary
Diputacion Foral de Bizkaia
Location
Description
The project consists of a complete remodelling of the southern access to Bilbao from the A8 motorway in the San Mamés area of the city.
Objectives
The project will allow the demolition of the current access viaduct and the creation and development of new urban public spaces. The project is part of a larger plan for the urban regeneration of the San Mamés area/neighbourhood.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 125 million
Total cost (Approximate amount)
EUR 250 million
Environmental aspects
The project falls under Annex II of Directive 85/337/CEE, as subsequently amended, under which the need for an Environmental Impact Assessment (EIA) is decided by the national authorities. In this case, an EIA was required for the project.
Procurement
The Promoter is subject to and follows public procurement rules according to EU regulations, in particular EU procurement Directives (2004/18/EC and 2004/17/EC). Tenders have been/shall be organised in compliance with EU requirements, with publication of tender notices in the EU Official Journal for schemes above thresholds.
Status
Signed - 3/02/2012
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).