Release date: 2 April 2007
Promoter – Financial Intermediary
Telefónica del Perú S.A.A.Location
Description
The project concerns the purchase and installation of equipment for the provision of Telephony, Broadband Internet, Data Transmission, Cable Communications, Satellite Pay-TV and VSAT services in the main populated centres and in some rural areas of Peru.
Objectives
Contributing to i) improving overall business productivity in Peru, ii) support a European Company with a strategic presence in Latin America and iii) allow the transfer of European economic and technological knowledge.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 60 million.
Total cost (Approximate amount)
To be confirmed.
Environmental aspects
If the project were located within Europe, it would not fall under Annexes I and II of EU Directive 97/11/EC (concerning Environmental Impact Assessment requirements) and would be subject only to national legislation. The applicable legislation in Peru and its respect by the promoter will be checked during appraisal.
Procurement
The promoter is a private company providing its services in liberalised markets. During appraisal EIB will assess whether the procurement procedures it followed were fair, transparent, economically/technically effective and in line with EIB procurement guidelines.
Status
Signed - 17/07/2007