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MAURITIUS AIRPORT HOTEL

Signature(s)

Amount
€ 8,000,000
Countries
Sector(s)
Mauritius : € 8,000,000
Services : € 8,000,000
Signature date(s)
5/11/2012 : € 8,000,000
Link to source
Data sheet
MAURITIUS AIRPORT HOTEL
Other links
Summary sheet
MAURITIUS AIRPORT HOTEL

Summary sheet

Release date
13 July 2012
Status
Reference
Signed | 05/11/2012
20120117
Project name
Promoter - financial intermediary
MAURITIUS AIRPORT HOTEL
OMNICANE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 8 million
EUR 21 million
Location
Sector(s)
  • Services - Accommodation and food service activities
Description
Objectives

The proposed project comprises the construction of a new 139 room airport hotel and associated infrastructure. The proposed hotel is located just next to the new airport terminal currently being constructed in Mauritius, adjacent to the existing terminal.

Improving the accessibility of the airport is expected to have a positive effect on the economic development around Mauritius' main airport as well as on Mauritius' economy in general.

Environmental aspects
Procurement

Were this project to be located within the EU, it would fall under the scope of Directive 97/11/EEC, Annex II. However, the nature and scale of the project is such that the Competent Authority would probably screen out the project and an Environmental Impact Assessment would not be required. Compliance with Mauritian legislation will be verified during appraisal and the status of any environmental studies and public consultations will be reviewed.

The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank's Guide to Procurement.

Link to source
Summary sheet
MAURITIUS AIRPORT HOTEL
Other links
Data sheet
MAURITIUS AIRPORT HOTEL

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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