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The project comprises a wide variety of schemes designed to improve basic infrastructure, industrial base, information society, urban development, transport, water and environmental protection. It covers the co-financing of the CAA's investment plan under the 2000-2006 Community Support Framework.
The project will contribute to regional development by modernising and increasing the competitiveness of the Asturian economy as well as providing for basic infrastructure requirements and environmental protection measures.
The promoter is required to respect the regulations imposed by European directives. Within the framework of the programme loan, the borrower will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.
The promoter is required to respect the EU directives as regards invitations to tender.