Release date: 22 July 2003
Promoter – Financial Intermediary
Private and public/private promoters – mid-sized companies and SMEs.Location
Description
The project is a dedicated framework loan to support small and mid-sized projects of private and public/private promoters within the tourism development scheme of the Nassfeld region, a joint effort of the Austrian (Carinthia) and Italian (Friuli) side, both covered by CSF as objective 2 regions.
Objectives
In this existing tourism area for winter and summer holidays, public infrastructure is well developed within this scheme, but the achieving economic benefits requires further investment in modernisation and expansion of hotel, transport and sports facilities operated by the private sector.
Comments
Dedicated framework loan for tourism.
Sector(s)
Proposed EIB finance (Approximate amount)
About EUR 50 million.
Total cost (Approximate amount)
About EUR 100 million.
Environmental aspects
All eligible projects will have to respect the environmental conditions outlined in European and national legislation.
Procurement
All eligible projects will have to respect the rules and conditions on procurement set out in European and national legislation.
Status
Signed - 20/01/2004
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).