Release date: 5 September 2013
Promoter – Financial Intermediary
TURKIYE VAKIFLAR BANKASI TAOLocation
Description
Dedicated loan for the financing of investments of limtied size undertaken by Municipalities and Municipality related entities. The operation will focus on improving the public service and infrastructure, thus the quality of life and the economic climate to attract investments in regions served by such municipalities.
Objectives
The operation will focus on improving public service and infrastructure, thus improving the quality of life for the inhabitants, and the economic attraction of the relevant regions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 19/12/2013