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

    Signature(s)

    Amount (.*)
    € 60,000,000
    Countries
    Sector(s)
    Egypt : € 60,000,000
    Urban development : € 60,000,000
    Signature date(s)
    8/12/2018 : € 15,000,000
    14/11/2012 : € 45,000,000
    (*) Including a € 7,500,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM ,a € 7,500,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM
    Link to source

    Summary sheet

    Release date
    7 October 2011
    Status
    Reference
    Signed | 14/11/2012
    20110207
    Project name
    Promoter - financial intermediary
    Community Development Programme

    Social Fund for Development

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 45 million
    EUR 90 million
    Location
    Sector(s)
    Description
    Objectives

    An integrated Community Development Programme designed to increase employment opportunities and improve living standards for socially disadvantaged segments of populations living in and around urban centres in Egypt through investments supporting infrastructure and housing.

    The creation of more sustainable communities and to promote a more integrated approach to spatial planning and development which delivers benefits to constituents over a wide spectrum of the economically and geographically disadvantaged.

    Environmental aspects
    Procurement

    No negative environmental or social impacts are anticipated from the CDP. While it is not possible to carry out a definite evaluation at present, as sub-projects have not been fully defined, it is expected that sub-projects will target areas which have, to date, had a largely negative impact on the environment. Therefore, interventions will contribute positively through the promotion of more environmentally-friendly practices and through the “cleaning up” of neighbourhoods.

    The project portfolio has yet to be finalised but, once it is, all components will have to comply with prevailing procurement protocols, including meeting the minimum national standards. Local practices will be checked against international and EU standards to ensure propriety and best practice.

    Link to source

    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

    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