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    Signature(s)

    Amount
    € 28,000,000
    Countries
    Sector(s)
    Malta : € 28,000,000
    Telecom : € 28,000,000
    Signature date(s)
    7/11/2019 : € 28,000,000
    Link to source

    Summary sheet

    Release date
    9 January 2019
    Status
    Reference
    Under appraisal | 06/12/2018
    20180541
    Project name
    Promoter - financial intermediary
    TELECOM MALTA BROADBAND EVOLUTION
    GO PLC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 60 million
    Location
    Sector(s)
    Description
    Objectives

    The project, to be implemented between 2019 and 2021, concerns the promoter's investments in Malta to increase the availability and quality of mobile and fixed high speed broadband services.

    The project relates to the rollout of a converged fixed-mobile next generation broadband access network throughout Malta.

    Environmental aspects
    Procurement

    The installation of fixed mobile telecommunication networks do not fall under Annexes of Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.

    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) - TELECOM MALTA BROADBAND EVOLUTION
    Publication Date
    5 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    94796773
    Document Focus
    Environmental Information
    Project Number
    20180541
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - TELECOM MALTA BROADBAND EVOLUTION
    Publication Date
    19 Nov 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    123753238
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180541
    Last update
    19 Nov 2019
    Sector(s)
    Telecom
    Countries
    Malta
    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.

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