DFCC Global Loan II

Promoter – Financial Intermediary

Ministry of Finance & Planning of the Democratic Socialist Republic of Sri Lanka

Location

• Sri Lanka

Description

The proceeds of the EIB loan would be channelled through MOF via DFCC to the final beneficiaries meeting the eligibility criteria of mutual interest for financing under the EIB global loan.

Objectives

Financing of investments of small/medium scale by the DFCC in industry, productive infrastructure, tourism, mining, related services and eligible health and climate change mitigation projects.

Comments

Industry, productive infrastructure, tourism, mining, related services, health and environment.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The borrower will be requested to ensure that the final beneficiaries comply with local legislation and EIB rules and guidelines.

Procurement

Investments financed under the global loan will comply with national legislation and EIB procurement guidelines.

Status

Signed - 22/12/2006