Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Syrian Arab Republic
: € 100,000,000
Telecom
: € 100,000,000
Signature date(s)
16/12/2005 : € 100,000,000
Link to source
Data sheet
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Summary sheet
Release date
11 April 2005
Status
Reference
Signed | 16/12/2005
20040595
Project name
Promoter - financial intermediary
Rural Telecoms
Syrian Telecommunications Establishment (STE) Contact point
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
Estimated up to EUR 270 million.
Location
Sector(s)
Description
Objectives
Construction and operation of switching and transmission components to extend the fixed line telephone network to rural areas.
To improve the social and economic situation in rural areas in order to stop the current trend of rural population migrating to urban and sub-urban areas by extending the rural network to poorly served areas.
Environmental aspects
Procurement
The entire project concerns mainly occupied areas or roads, hence no significant negative impact is expected. The Bank will review during its due diligence potential critical elements and will assess its compliance with EU environmental standards and policies.
All project items earmarked for EIB financing have been internationally tendered including publication in the OJEU.
Link to source
Summary sheet
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Data sheet
Related press
News & Stories
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