13 July 2023
Promoter – Financial Intermediary
COMUNIDAD AUTONOMA DE CANTABRIA
The project concerns the construction of the new MUPAC (Museum of Prehistory and Archaeology of Cantabria) in Santander, the capital of the Cantabria region in Spain.
The new MUPAC includes, besides the exhibition area, a laboratory and research facilities, as well as office space for the regional public administration.
Furthermore, the loan will also finance the implementation of the MUPAC Digital Plan, to digitalise its collection and caves, as well as the purchase of scientific and laboratory equipment.
The aim is to create a state-of-the-art museum and a visitor centre serving as a hub for research, education and tourism. It will also help to preserve, showcase and promote Cantabria's rich prehistoric and archaeological heritage, attracting domestic and international visitors, to contribute to the economic growth of both the region and its capital.
In addition, the MUPAC is located in a very central area of Santander, in a plot that used to be an at-grade car park, and it has been designed with a special care to integrate and enhance the quality of the urban fabric of the neighbourhood.
Proposed EIB finance (Approximate amount)
EUR 35 million
Total cost (Approximate amount)
EUR 70 million
Compliance with the relevant EU Directives will be verified during appraisal stage: environmental impact assessment (EIA) Directive 2011/92/EU (amended by the EIA Directive) 2014/52/EU, SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the investments will be reviewed during project appraisal.
Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed. It is envisaged that the project will contribute to urban regeneration and sustainable urban development in the city of Santander, generating significant positive social and economic benefits, thanks to an increased cultural offer and job creation during implementation. All these elements will be evaluated during the appraisal of the project.
The promoter has to ensure that contracts for implementation of the project will be tendered in accordance with the 4 applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 92/13/EEC or Directive 89/665/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
Approved - 18/08/2023