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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Austria : € 30,000,000
Services : € 30,000,000
Signature date(s)
20/01/2004 : € 30,000,000
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Summary sheet

Release date
22 July 2003
Status
Reference
Signed | 20/01/2004
20020469
Project name
Promoter - financial intermediary
Tourismusförderprojekt Nassfeld
Private and public/private promoters – mid-sized companies and SMEs.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
About EUR 50 million.
About EUR 100 million.
Location
Sector(s)
Description
Objectives

The project is a dedicated framework loan to support small and mid-sized projects of private and public/private promoters within the tourism development scheme of the Nassfeld region, a joint effort of the Austrian (Carinthia) and Italian (Friuli) side, both covered by CSF as objective 2 regions.

In this existing tourism area for winter and summer holidays, public infrastructure is well developed within this scheme, but the achieving economic benefits requires further investment in modernisation and expansion of hotel, transport and sports facilities operated by the private sector.

Environmental aspects
Procurement

All eligible projects will have to respect the environmental conditions outlined in European and national legislation.

All eligible projects will have to respect the rules and conditions on procurement set out in European and national legislation.

Comments

Dedicated framework loan for tourism.

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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).

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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.

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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