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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Germany : € 70,000,000
Urban development : € 17,500,000
Services : € 17,500,000
Education : € 17,500,000
Transport : € 17,500,000
Signature date(s)
13/09/2004 : € 17,500,000
13/09/2004 : € 17,500,000
13/09/2004 : € 17,500,000
13/09/2004 : € 17,500,000
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Summary sheet

Release date
17 June 2004
Status
Reference
Signed | 13/09/2004
20030467
Project name
Promoter - financial intermediary
Ziel 2-Programm Schleswig-Holstein
The Ministry of Economics, Labour and Transport of the Federal State of Schleswig-Holstein. Final beneficiaries will be local authorities, public entities and SMEs.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 10% of total project costs.
Up to EUR 80 m.
Description
Objectives

The project concerns the financing of the current objective 2 area-programme of the Federal State of Schleswig-Holstein (SH). Its main purpose is the creation and maintenance of jobs with the aim of promoting a self-sustaining economic development in SH’s assisted areas. The main target group are promoters of business-related infrastructure. All the schemes supported by the programme are located in assisted areas (objective 2) and included in the Objective 2 Single Programming Document (SPD).

The main purpose of the programme is the creation and maintenance of jobs with the aim of promoting a self-sustaining economic development in SH’s assisted areas.

Environmental aspects
Procurement

Project promoters will have to consider the environmental impact of the proposed investments in the context of prevailing planning and environmental regulations and all necessary mitigating measures will be part of the applications for the relevant authorities.

Procurement procedures applied by the promoter should be in compliance with European Union Directives applicable to public authorities and national legislation.

Comments

Objective 2.

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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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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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