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    Reference: 20120117
    Release date: 13 July 2012

    Promoter – Financial Intermediary

    OMNICANE

    Location

    Description

    The proposed project comprises the construction of a new 139 room airport hotel and associated infrastructure. The proposed hotel is located just next to the new airport terminal currently being constructed in Mauritius, adjacent to the existing terminal.

    Objectives

    Improving the accessibility of the airport is expected to have a positive effect on the economic development around Mauritius' main airport as well as on Mauritius' economy in general.

    Sector(s)

    • Services - Accommodation and food service activities

    Proposed EIB finance (Approximate amount)

    EUR 8 million

    Total cost (Approximate amount)

    EUR 21 million

    Environmental aspects

    Were this project to be located within the EU, it would fall under the scope of Directive 97/11/EEC, Annex II. However, the nature and scale of the project is such that the Competent Authority would probably screen out the project and an Environmental Impact Assessment would not be required. Compliance with Mauritian legislation will be verified during appraisal and the status of any environmental studies and public consultations will be reviewed.

    Procurement

    The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank's Guide to Procurement.

    Status

    Signed - 5/11/2012

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Mauritius Services