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Signature(s)

Amount
€ 23,100,000
Countries
Sector(s)
Regional - Pacific : € 23,100,000
Telecom : € 23,100,000
Signature date(s)
22/10/2008 : € 3,700,000
22/10/2008 : € 3,900,000
22/10/2008 : € 4,800,000
7/11/2008 : € 10,700,000
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Summary sheet

Release date
27 May 2008
Status
Reference
Signed | 22/10/2008
20080018
Project name
Promoter - financial intermediary
Pacific Mobile Network Development

Private sector operation

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 40 million (to be confirmed).
USD 129 million.
Location
Sector(s)
Description
Objectives

The project aims at building a competitive GSM mobile network in a number of Pacific Island States. The project concerns the expansion of existing networks and the introduction of competition in several markets.

The project improves coverage and service levels in mobile communication in the Pacific Region and is in line with the objectives of the Cotonou Agreement.

Environmental aspects
Procurement

If the project was located in Europe, it would not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Mobile networks based on GSM/UMTS technology have limited environmental effects. Potential health risks from electromagnetic radiation are still under study at an international level considering the International Commission on Non-Ionizing Radiation Protection (ICNIRP) thresholds as appropriate. The visual impact of base station towers or other impacts can be mitigated by appropriate construction and operation measures.Due to the specific nature of these islands, the related measures will require particular attention in the appraisal.

If the project was located in Europe, no public procurement procedures would be required due to its competitive nature. As the promoter is launching an alternative operation in order to bring competition to the market on several of the islands, private sector procedures might be acceptable. The local market conditions and the effectiveness of the procurement procedures are being assessed as part of the appraisal.

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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).

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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