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    Reference: 20040198
    Release date: 28 April 2004

    Promoter – Financial Intermediary

    Instituto Gallego de Promoción Económica.

    Location

    Description

    Global loan of around EUR 30 million for financing several sub-projects in the region.

    Objectives

    Promoting regional development by increasing the competitiveness and productivity of local SMEs.

    Comments

    Industry, tourism and services.

    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 environmental protection measures are adopted.

    Procurement

    The Bank's global loan policy ensures that appropriate procurement procedures are employed.

    Status

    Signed - 1/06/2007

    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).

    Related tags

    Spain Credit lines