Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 68,500,000
    Countries
    Sector(s)
    Paraguay : € 68,500,000
    Telecom : € 68,500,000
    Signature date(s)
    18/07/2008 : € 68,500,000
    Link to source

    Summary sheet

    Release date
    26 November 2007
    Status
    Reference
    Signed | 18/07/2008
    20070225
    Project name
    Promoter - financial intermediary
    Millicom GSM Paraguay
    Telecel Celular Del Paraguay S.A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 47.5 million.
    EUR 127 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the coverage and capacity expansion of the existing GSM network and related support systems to cope with subscriber growth and the shut down of older technology TDMA sites.

    Contributing to i) improving overall access to telecommunications in Paraguay, ii) support the EU policy goal of promoting interoperable technologies and iii) allow the transfer of European economic and technological knowledge.

    Environmental aspects
    Procurement

    If the project were located within the EU, it would not be subject to an Environmental Impact Assessment, as defined under Annexes I and II of the EU EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. The scope and applicability of the national legislation on EIA will be reviewed during appraisal.

    The promoter is a private company operating in the competitive sector of mobile telecommunication services. Therefore the promoter is exempted from public procurement procedures and may apply other procedures in the best interest of the project. The detailed procedures and the resulting unit costs will be checked during appraisal.

    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

    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.

    Related publications