| Series Title | European Voice |
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| Series Details | Vol.8, No.34, 26.9.02, p25 |
| Publication Date | 26/09/2002 |
| Content Type | News |
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Date: 26/09/02 A RAFT of Spanish road and rail projects will soon get a cash injection from the European Investment Bank, EIB directors agreed last week. The schemes will include the high-speed rail line between Madrid, Barcelona and Figueres, the Seville metro and the Pamplona-Logrono motorway. The size of the loans will only be made public when contracts are finalised. The EIB also announced loans worth €100 million in Andalusia - the biggest of Europe's so-called 'objective 1' regions eligible for special EU development funds. €80 million goes to the local authority for projects boosting competitiveness of business, improving the environment and upgrading transport and energy networks. The remaining €20 million goes to a local regional development agency, which aims to bolster small businesses. The Luxembourg-based EIB signed loans in Spain totalling €4,559 million in 2001 - with €4,500 million targeting projects in Andalusia. A raft of Spanish road and rail projects are to get a cash injection from the European Investment Bank. |
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| Subject Categories | Mobility and Transport |
| Countries / Regions | Spain |
