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Reference: 19990311
Release date: 21 February 2002

Promoter – Financial Intermediary

Construcciones e Infraestructuras Educativas de la Generalitat Valenciana S.A.

Location

Description

The project comprises the planning, new building, rehabilitation and extension as well as furnishing and equipment of more than 100 primary, secondary and vocational educational facilities in the region of Valencia.

Objectives

Following the reorganisation of the primary and secondary education at the national level, the project is a key element in the completion of this reform in the Valencia region. It is expected to generate educational benefits by improving the learning environment and will provide modern teaching facilities in terms of infrastructure and tools/equipment.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to 50% of the total project cost

Total cost (Approximate amount)

Up to EUR 1 200 millions

Environmental aspects

The promoter is required to respect the norms imposed by the European Union Directives. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been defined with regards to environmental protection.

Procurement

The promoter is required to respect the European Union Directives as regards procurement procedures.

Status

Signed - 19/05/2003

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 Education