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Summary sheet

Release date
2 June 2025
Status
Reference
Under appraisal | 06/03/2025
20240866
Project name
Promoter - financial intermediary
SOUTH AFRICA END TO END VACCINE SITE (HDX)
THE BIOLOGICALS AND VACCINES INSTITUTE OF SOUTHERN AFRICA (PTY) LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million
EUR 177 million
Location
Sector(s)
Description
Objectives

This project supports the construction, furnishing and validation of a multi-vaccine manufacturing facility by an established Promoter that is a national supplier of vaccines.

The project supports the Promoter to scale up their current fill and finish vaccine manufacturing facility and expand into an end-to-end multi-vaccine manufacturing facility. At completion the facility will include a drug substance suite as well as formulation, fill, finish, quality control and release capabilities for commercial scale vaccine production. Additionally, the project is expected to facilitate technology transfer of vaccines for infectious diseases included in routine immunisation schedules.

Environmental aspects
Procurement

The EIB will require the project's compliance with the relevant environmental legislation and that the project will be implemented in accordance with the EIB's Environmental and Social principles and standards. The project is expected to require an Environmental and Social Impact Assessment, which will be further assessed during appraisal. Additional project activities, such as RDI, are expected to be carried out in existing facilities that are already used for similar purposes or are investments of intangible nature and hence are not expected to create significant impact on the environment.

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

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
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).

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.

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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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