TVCABO MULTIMEDIA II

Promoteur – Intermédiaire Financier

TV CABO ANGOLA LDA

Lieu

• Angola

Description

Expansion of the existing TV Cabo network in Luanda and Lobito/Benguela to Huíla, Cabinda, Huambo and Zaire provinces, in particular its new fast growing cities of Lubango, Cabinda, Huambo and Soyo, for the provision of ultra-high speed data transmission for corporate markets and individual customers.

Objectifs

Provision of multimedia services for individual homes and corporate markets, including both private and public entities. The project is in line with the Cotonou Partnership objectives of promotion of private sector and economic development in the ACP countries and regions. It is also fully in line with the Angola's National Development Strategy.

Secteur(s)

• Télécom

Montant BEI envisagé (montant approximatif)

EUR 20 million

Coût total (montant approximatif)

EUR 41 million

Aspects environnementaux

If located in the EU, the project would not require an Environmental Impact Assessment as per directive 2011/92/EU. The promoter follows international best practices and the project's main impacts are expected to be caused by the construction of some technical buildings and of telecommunications ducts. The project is foreseen to have low to moderate environmental and social risks, which will be assessed during appraisal.

Passation des marchés

The project's operation is considered as belonging to the private sector. The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement. During appraisal it will be assessed which components of investment costs will be eligible for EIB's direct funding, in line with the procedures followed for the previous project with the promoter.

Statut

Signé - 23/04/2015