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        BCI PRIVATE ENTERPRISE FACILITY (NEW CALEDONIA)

        Signature(s)

        Amount
        € 20,000,000
        Countries
        Sector(s)
        New Caledonia : € 20,000,000
        Credit lines : € 20,000,000
        Signature date(s)
        31/10/2017 : € 20,000,000

        Summary sheet

        Release date
        15 February 2017
        Status
        Reference
        Signed | 10/11/2017
        20160523
        Project name
        Promoter - financial intermediary
        BCI (NEW CALEDONIA) MULTI-OBJECTIVE MBIL
        BANQUE CALEDONIENNE D'INVESTISSEMENT
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 20 million
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        A line of credit to part-finance small-scale projects undertaken by private enterprises and commercially operated public sector entities in New Caledonia

        A range of financially, economically and environmentally sound projects being implemented throughout New Caledonia, by private sector enterprises (including small and medium-sized enterprises (SMEs) and mid-cap organisations) and commercially operated public sector enterprises in eligible sectors, including manufacturing, (renewable) energy, wholesale and retail commerce for the sustainable development of the territory.

        Environmental aspects
        Procurement

        The final beneficiaries will be required to comply with national social and environmental legislation and relevant EIB guidelines.

        The final beneficiaries will be required to comply with national procurement legislation and relevant EIB guidelines.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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