Release date: 26 November 2007
Promoter – Financial Intermediary
Telecel Celular Del Paraguay S.A.Location
Description
The project concerns the coverage and capacity expansion of the existing GSM network and related support systems to cope with subscriber growth and the shut down of older technology TDMA sites.
Objectives
Contributing to i) improving overall access to telecommunications in Paraguay, ii) support the EU policy goal of promoting interoperable technologies and iii) allow the transfer of European economic and technological knowledge.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 47.5 million.
Total cost (Approximate amount)
EUR 127 million.
Environmental aspects
If the project were located within the EU, it would not be subject to an Environmental Impact Assessment, as defined under Annexes I and II of the EU EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. The scope and applicability of the national legislation on EIA will be reviewed during appraisal.
Procurement
The promoter is a private company operating in the competitive sector of mobile telecommunication services. Therefore the promoter is exempted from public procurement procedures and may apply other procedures in the best interest of the project. The detailed procedures and the resulting unit costs will be checked during appraisal.
Status
Signed - 18/07/2008
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).