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SCUT ACORES (PPP)

Signature(s)

Amount
€ 180,000,000
Countries
Sector(s)
Portugal : € 180,000,000
Transport : € 180,000,000
Signature date(s)
17/12/2007 : € 60,000,000
23/11/2009 : € 60,000,000
20/05/2009 : € 60,000,000
Link to source
Data sheet
SCUT ACORES (PPP)
Other links
Summary sheet
SCUT Açores (PPP)
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT

Summary sheet

Release date
24 January 2006
Status
Reference
Signed | 17/12/2007
20020402
Project name
Promoter - financial intermediary
SCUT Açores (PPP)
A consortium to be selected through a public internationaltender.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of total project cost.
Estimated in the range of EUR 300-350m.
Location
Sector(s)
Description
Objectives

A shadow toll road scheme to be procured on a DBFO basis (design, build, operate and finance). It will cover 94 km of road including c. 48 km of new road, the balance consisting of refurbishments.

Through improving road standards and increasing road capacity, the project will improve flows of passenger and freight traffic. Immediate benefits will be reductions in travel time and in vehicle operating costs, as well as improvements in traffic safety.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws will be ensured.

The project has been advertised in the Official Journal of the EU in accordance with EU Directive 93/37/EEC.

Comments

Road transport.

Link to source
Summary sheet
SCUT Açores (PPP)
Other links
Data sheet
SCUT ACORES (PPP)
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT
Related publications
Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - PT

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).

General enquiries and comments

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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.

Related publications