Bawag Regionalfoerderung (Global Loan)

Promoter – Financial Intermediary

Bank für Arbeit und Wirtschaft AG, Vienna

Location

• Austria

Description

This global loan would focus on projects of limited scale in the fields of environmental protection and improvement as well as infrastructure, energy, health and education.

Objectives

Through the financial intermediary, the global loan would aim at providing long-term funding for eligible projects promoted by public and semi-public entities.

Comments

1. Environmental protection and improvement,
2. Rational use of energy,
3. Infrastructure (including health, education and urban renewal).

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

About EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

All eligible projects will have to comply with environmental conditions according to national and Community regulations.

Procurement

All eligible projects will have to comply with public procurement EU legislation.

Status

Signed - 9/12/2004