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