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    Reference: 20130068
    Release date: 6 May 2014

    Promoter – Financial Intermediary

    The Kingdom of Spain, through its Ministry of Public Works and Transport ("Fomento").

    Location

    Description

    The project concerns the implementation of an interoperable dual gauge railway line along the Spanish Mediterranean coast from Castellbisbal (Barcelona) to Almussafes (Valencia), and the construction of a connection with the high-speed line Madrid-Barcelona-French border.

    Objectives

    The project aims at ensuring railway interoperability for rail traffic between the French border and Algeciras in southern Spain along the Spanish Mediterranean coast.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 1050 million

    Total cost (Approximate amount)

    EUR 1400 million

    Environmental aspects

    The project is expected to decrease the negative impacts associated with road traffic and have positive impacts on the environment thanks to the modal transfer to rail.

    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 (Directive 2004/18/EC/ or 2004/17/EC and Directive 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 21/11/2014

    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 Transport