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    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

    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

    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).

    News & Stories

    Other links
    Data sheet
    Summary sheet

    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 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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