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Reference: 20140282
Release date: 4 July 2014

Promoter – Financial Intermediary

AUTORITAT DEL TRANSPORT METROPOLITÀ

Location

Description

Financing of an innovative ticketing and fare system based on a contactless single mobility card for all regional public transport modes.

Objectives

Sustainable Transport – urban and inter-urban

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 35 million

Total cost (Approximate amount)

EUR 70 million

Environmental aspects

The project falls out of the scope of the EIA directive.
As it aims at replacing existing ticketing equipment and software, the project should not have any potential environmental impact.

Procurement

The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment project will be examined during appraisal.

Status

Signed - 30/09/2015

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