Release date: 6 November 2002
Promoter – Financial Intermediary
Deutsche Kreditbank AG, BerlinLocation
Description
Global loan for the financing of small and medium sized projects carried out by public and private sector promoters contributing towards hereafter defined sectors.
Objectives
The global loan will focus on investments in the New German Länder, an objective 1 area, and help correcting regional disparities.
Comments
Infrastructure, environment, energy, health, education and housing (the latter if integrated in well defined urban rehabilitation schemes).
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million (100% own resources)
Total cost (Approximate amount)
At least EUR 300 million
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
For the award of public contracts the EU tender directives are to be followed.
Status
Signed - 22/05/2003
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).