Release date: 24 February 2003
Promoter – Financial Intermediary
Instituto Valenciano de FinanzasLocation
Description
Global loan for around EUR 50 million for financing several sub-projects in the region.
Objectives
Promoting regional development by improving infrastructure and increasing the competitiveness and productivity of local SMEs.
Comments
Infrastructure, energy, environmental protection
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of total cost of ventures.
Total cost (Approximate amount)
Not available.
Environmental aspects
In accordance with the Bank's global loan policy, the intermediaries will ensure that appropriate measures are adopted as regards environmental protection.
Procurement
The Bank's global loan policy ensures that appropriate measures are adopted as regards procurement.
Status
Signed - 25/06/2003
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).