Release date: 18 October 2001
Promoter – Financial Intermediary
ACCOR Group, in partnership with European or local investorsLocation
Description
Development of hotels for the tourist, leisure and/or business markets
Objectives
To generate sustainable economic activity in the countries concerned and increase their foreign exchange resources; to help develop the domestic private sector within the framework of a European partnership; and, in certain cases, to participate in privatisation of hotel assets and improve the urban environment
Comments
Hotel
Sector(s)
Proposed EIB finance (Approximate amount)
To be determined project by project
Total cost (Approximate amount)
In course of assessment
Environmental aspects
The EIB's environmental rules will be applied.
Procurement
Applicable EIB rules for the projects concerned
Status
Signed - 10/12/2002
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).