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

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Georgia : € 100,000,000
Signature date(s)
9/12/2016 : € 100,000,000
Link to source

Summary sheet

Release date
2 October 2015
Status
Reference
Signed | 09/12/2016
20150450
Project name
Promoter - financial intermediary
GEORGIAN AGRI-FOOD VALUE CHAINS
Ministry of Finance of Georgia, eligible financial institutions
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
Description
Objectives

Loan to Georgia, to be on-lent through eligible financial institutions to final beneficiaries (APEX structure), for upgrade of the horticulture (incl. nuts) and wine sectors in the country across their entire respective value chains.

The EIB loan will primarily support small and medium-sized enterprises (SMEs) along the targeted value chains. Key investment gaps to be addressed include replacement of old and unproductive plantations and development of post-harvest handling and cold storage infrastructure. The loan will also be available for investment in public sector infrastructure, such as testing laboratories and research and vocational training facilities that support production and marketing along these value chains.

Environmental aspects
Procurement

The limited size of the sub-projects to be financed will ensure that any negative environmental and social impact is limited and can be managed with appropriate mitigation measures. National environmental legislation and the environmental and social due diligence capacity and procedures of financial intermediaries will be assessed in order to ensure compliance of the operation with the Bank's environmental and social policy, which is based on the principles of EU legislation.

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

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

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) - GEORGIAN AGRI-FOOD VALUE CHAINS
Publication Date
6 Feb 2016
Document language
Main Topic
Lending
Document Number
63017275
Document Focus
Environmental Information
Project Number
20150450
Countries
Publicly available
Download now

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