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Signature(s)

Amount
€ 360,000,000
Countries
Sector(s)
Spain : € 360,000,000
Transport : € 360,000,000
Signature date(s)
27/01/2003 : € 360,000,000
Link to source
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Summary sheet

Summary sheet

Release date
27 July 2001
Status
Reference
Signed | 27/01/2003
20010058
Project name
Promoter - financial intermediary
Radial 4 de Madrid
Autopista Madrid Sur Concesionaria Española, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of the total project cost
Around EUR 700 million
Location
Sector(s)
Description
Objectives

The project (DBFO) consists of the design, building, financing and operation under a 65 years concession of a new toll motorway between Madrid and Ocaña, as well as three sections of the M-50 non tolled ring-road motorway. 

The project forms part of the TEN road network and will also contribute to regional development by improving traffic conditions for transit traffic in the southern area of metropolitan Madrid.

Environmental aspects
Procurement

The promoter is required to respect the regulations imposed by the Directive 97/11/EC. An Environmental Impact Assessment has been realised. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been taken as regards environmental protection ; in particular special measures for impact mitigation have been clearly identified during the design process. 

The project was advertised in the Official Journal of the EU on 21.04.2000 in accordance with Directive 93/37/CEE and the concession contract was awarded on 29.12.2000.

Link to source
Summary sheet
Other links

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).

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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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