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Signature(s)

Amount
€ 60,000,000
Countries
Sector(s)
Cambodia : € 60,000,000
Transport : € 10,002,000
Signature date(s)
20/12/2024 : € 10,002,000
20/12/2024 : € 49,998,000
Link to source
Data sheet

Summary sheet

Release date
15 October 2024
Status
Reference
Signed | 20/12/2024
20210682
Project name
Promoter - financial intermediary
ASPIRE-AT
KINGDOM OF CAMBODIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million
EUR 147 million
Location
Sector(s)
Description
Objectives

The EIB financing will support Cambodia's green recovery, by focusing on strengthening the agricultural value chains and facilitating the agricultural trade. The Bank's support will contribute to improving the agricultural productivity through enabling market infrastructure for producer organisations and strengthening the enabling environment for competitive agricultural value chains, trade, food safety and certification, while attracting private sector engagement in the value chains.

The objective of Aspire Agricultural Services for Resilience (ASPIRE-AT) is to make smallholders farmers and rural workers benefit from inclusive and sustainable agriculture sector growth, based on exports and domestic markets. This objective will be achieved by supporting investments in tangible assets and engagement of small and medium-sized agri-enterprises in the value chains, by prioritising those with high potential for growth and exporting opportunities.

Environmental aspects
Procurement

The EIB will support the ASPIRE-AT Project ensuring that it complies with the EIB Environmental and Social Standards, which will be include din the applicable financing and implementation guidelines.

The Bank will require the Promoter to ensure that the implementation of the Project will be done in accordance with the Bank's Guide to Procurement.

Comments

NDICI IW1 Guarantee

Milestone
Under appraisal
Approved
Signed
11 December 2024
20 December 2024
Link to source
Summary sheet
Other links

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) - ASPIRE-AT
Publication Date
17 Dec 2024
Document language
Main Topic
Lending
Document Number
231342338
Document Focus
Environmental Information
Project Number
20210682
Countries
Publicly available
Download now
Other links
Summary sheet
Data sheet

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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