According to the Bank’s website, the project will finance works and installations for the construction of the Malaga Metro Line 2 extension between Guadalmedina and Hospital Civil, in the City of Malaga with a total length of 1.8 kilometres of underground heavy metro. The project includes the construction of 3 new underground stations, while the purchase of rolling stock for the metro operation is excluded from this operation.

The aim is to support investments in sustainable urban public transport, which is expected to reduce transport externalities, such as air pollution and greenhouse gas emissions. The metro line extension will also reduce travel times and road traffic congestion by promoting modal shift from private car users to public transport.
In addition, being located within a less developed EU region, the project supports the strengthening of the EU's economic, social and territorial cohesion.

According to the Environmental and Social Data Sheet:

Environmental impacts: All identified negative impacts during project execution are temporary ones, and mitigation measures are proposed to reduce the final impact, as such the residual negative impacts of the Project are deemed acceptable by the competent authority. The main identified negative impacts produced during construction phase are: gas/smoke emissions by the heavy plant machinery, impacts on the ground water, volumes of excavated material to be disposed, noise levels and green areas (limited areas) affected by the works, to be restored.

Impacts on protected areas or biodiversity: According to the EIA, the Project does not affect any protected areas (Natura 2000) and it does not have any impact on any protected habitats either. In addition, there are no significant biodiversity issues identified in the EIA for the Project.

Social Assessment: The Project does not involve involuntary resettlements. Similarly, the Project does not affect any vulnerable groups.

A €150 million loan.

Contact: Maite Cordero
Email: m.corderomunoz@eib.org
Phone: +34 606 66 82 62

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