Release date: 9 January 2004
Promoter – Financial Intermediary
German car manufacturer.Location
Description
Construction of a new automobile assembly plant for passenger cars.
Objectives
The plant is located close to Leipzig, in an area covered by Objective 1) for allocations of the EU Structural Funds.
Comments
Automotive industry.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 300m.
Total cost (Approximate amount)
Up to EUR 1 300m.
Environmental aspects
Automobile assembly plants are listed in Annex II of the EIA Directive 85/337 as amended by Directive 97/11. The promoter stated to have an Environmental Assessment under way and to have already received approval by the responsible authorities for the construction of particular buildings. Details on the procedure will be checked during the project appraisal.
Procurement
Procurement regulations do not apply to this private industry project.
Status
Signed - 5/12/2003
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).