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European Investment Bank: Operations in the Pacific Countries

Date: 25/07/2008

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Fifteen Pacific countries and four OCTs participate in the EU Cooperation Agreement and as such are eligible for financing from the EIB.

The wide range of financial instruments available in the Pacific region is being
employed to leverage foreign direct investment,counter a lack of equity, attract longer-term commercial bank finance and broaden and deepen the presence of venture capital in the markets.

The Bank’s lending strategy in the region aims to support projects both in the traditional sectors for growth and employment and in alternative sectors which help to broaden economic activity in the Pacific.

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