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Signature(s)

Amount
€ 120,000,000
Countries
Sector(s)
Moldova : € 120,000,000
Credit lines : € 120,000,000
Signature date(s)
31/07/2014 : € 120,000,000
Link to source

Summary sheet

Release date
20 June 2014
Status
Reference
Signed | 31/07/2014
20140041
Project name
Promoter - financial intermediary
FRUIT GARDEN OF MOLDOVA
ACCEPTABLE BANK(S)
ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 120 million
Not applicable.
Location
Sector(s)
Description
Objectives

Global loan to the Republic of Moldova for the upgrading of the horticultural sector.

The proposed operation will provide resources to a large number of micro-enterprises and SMEs. It is also expected to have a positive environmental and social impact. The proposed support to both the individual growers and the up and down-stream sector should allow future revenues to be developed, ensuring the long term viability of a strategically important sector for the economy.

Environmental aspects
Procurement

The proposed operation is intended to address quality and financial issues and is being structured to develop existing facilities and resources together with building new capacity along the entire horticulture value chain. It is therefore unlikely that any sub-project would be of such a scale that it would have required an EIA if located within an EU member state. However, the handling of environmental issues will be fully reviewed at appraisal.

The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

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).

Documents

Environmental and Social Data Sheet (ESDS) - FRUIT GARDEN OF MOLDOVA
Publication Date
4 Sep 2014
Document language
Main Topic
Lending
Document Number
54357435
Document Focus
Environmental Information
Project Number
20140041
Sector(s)
Countries
Publicly available
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