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    Signature(s)

    Amount
    € 60,000,000
    Countries
    Sector(s)
    Peru : € 60,000,000
    Telecom : € 60,000,000
    Signature date(s)
    17/07/2007 : € 60,000,000
    Link to source
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    Summary sheet

    Release date
    2 April 2007
    Status
    Reference
    Signed | 17/07/2007
    20070056
    Project name
    Promoter - financial intermediary
    Telefónica del Perú II
    Telefónica del Perú S.A.A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 60 million.
    To be confirmed.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the purchase and installation of equipment for the provision of  Telephony, Broadband Internet, Data Transmission, Cable Communications, Satellite Pay-TV and VSAT services in the main populated centres and in some rural areas of Peru.

    Contributing to i) improving overall business productivity in Peru, ii) support a European Company with a strategic presence in Latin America and iii) allow the transfer of European economic and technological knowledge.

    Environmental aspects
    Procurement

    If the project were located within Europe, it would not fall under Annexes I and II of EU Directive 97/11/EC (concerning Environmental Impact Assessment requirements) and would be subject only to national legislation. The applicable legislation in Peru and its respect by the promoter will be checked during appraisal.

    The promoter is a private company providing its services in liberalised markets. During appraisal EIB will assess whether the procurement procedures it followed were fair, transparent, economically/technically effective and in line with EIB procurement guidelines.

    Link to source
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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).

    News & Stories

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    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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    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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