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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Germany : € 300,000,000
Urban development : € 300,000,000
Signature date(s)
22/10/2003 : € 100,000,000
7/01/2004 : € 200,000,000
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Summary sheet

Release date
20 October 2003
Status
Reference
Signed | 22/10/2003
20020718
Project name
Promoter - financial intermediary
Kulturerbe und Tourismus MVP
The Federal State of Mecklenburg-Vorpommern
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 300 million
Up to EUR 807 million, to be verified during appraisal.
Location
Sector(s)
Description
Objectives

The investment programme consists of budgeted expenses in the area of preservation of cultural heritage and tourism infrastructure between 2002 and 2006. The project is limited to expenses, which are funded by the state itself; additional funds from the federal government and EU Structural Funds will complement MVP funds.

The programme comprises a range of measures destined to improve the tourism infrastructure, including related monuments of cultural heritage in MVP for the period 2002-2006. The programme focuses on five main areas of public infrastructure investment: nature protection and conservation, coastal protection, improvement of sewage systems, rehabilitation of roads & cycle paths, rehabilitation of buildings and monuments.

Environmental aspects
Procurement

Decisions will be taken by the relevant authorities in line with EU Directive 97/11/EEC in respect of whether or not an Environmental Impact Assessment is required.

In respect of procurement for public works, EU Directives (93/37/EEC) are embedded in German Federal Law.

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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).

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.

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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.

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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