Release date: 17 June 2004
Promoter – Financial Intermediary
The Ministry of Economics, Labour and Transport of the Federal State of Schleswig-Holstein. Final beneficiaries will be local authorities, public entities and SMEs.Location
Description
The project concerns the financing of the current objective 2 area-programme of the Federal State of Schleswig-Holstein (SH). Its main purpose is the creation and maintenance of jobs with the aim of promoting a self-sustaining economic development in SH’s assisted areas. The main target group are promoters of business-related infrastructure. All the schemes supported by the programme are located in assisted areas (objective 2) and included in the Objective 2 Single Programming Document (SPD).
Objectives
The main purpose of the programme is the creation and maintenance of jobs with the aim of promoting a self-sustaining economic development in SH’s assisted areas.
Comments
Objective 2.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 10% of total project costs.
Total cost (Approximate amount)
Up to EUR 80 m.
Environmental aspects
Project promoters will have to consider the environmental impact of the proposed investments in the context of prevailing planning and environmental regulations and all necessary mitigating measures will be part of the applications for the relevant authorities.
Procurement
Procurement procedures applied by the promoter should be in compliance with European Union Directives applicable to public authorities and national legislation.
Status
Signed - 13/09/2004
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).