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        PRET GLOBAL CPSCL

        Signature(s)

        Amount
        € 25,000,000
        Countries
        Sector(s)
        Tunisia : € 25,000,000
        Credit lines : € 25,000,000
        Signature date(s)
        9/12/2004 : € 25,000,000

        Summary sheet

        Release date
        23 March 2004
        Status
        Reference
        Signed | 09/12/2004
        20030413
        Project name
        Promoter - financial intermediary
        CPSCL Global Loan
        Caisse des Prêts et de Soutien des Collectivités Locales.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 25 million loan from the Bank's own resources under the FEMIP – EUROMED II Mandate.
        Around EUR 225 million.
        Location
        Sector(s)
        Description
        Objectives

        Coverage of financing requirements for CPSCL loans to local authorities.

        The project forms part of the local authority investment programme under the government's tenth Five-Year Plan. CPSCL is currently the municipalities' main source of finance for meeting their priority infrastructure and local services investment needs. Two thirds of financing requirements will be covered by the municipalities' own funds and State subsidies and one third by CPSCL loans to local authorities. The project will contribute to improving the quality of and access to public infrastructure and services for local populations.

        Environmental aspects
        Procurement

        The Bank's environmental rules will apply.

        The largest schemes under the project will be the subject of public invitations to tender published in the OJEU. Smaller-scale schemes will be put out to tender nationally.

        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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