ANNOUNCEMENT 04 Oct 2011

On 04 October 2011, the EIB provided financing worth EUR 60 million (USD 82 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 04 Oct 2011 | Removal date: open ended

State loan

On 04 October 2011, the European Investment Bank (EIB) and Autoridad Portuaria De Tarragona (Apt) signed an agreement worth EUR 60 million (approx. USD 82 million) for the project Tarragona Port Extension from Spain. The total cost of the project is estimated at EUR 130 million.

According to the project description issued by the EIB, Financing of the expansion of the Port of Tarragona..

The objective of the project is defined as following: The project will promote sea transport as an alternative to other modes and will thus contribute to transport sustainability. It includes the following 2 components: - Expansion of Muelle de la Quimica and, - Expansion of Muelle Andalucia..

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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