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    Signature(s)

    Amount
    € 8,000,000
    Countries
    Sector(s)
    St. Maarten : € 8,000,000
    Telecom : € 8,000,000
    Signature date(s)
    4/11/2015 : € 8,000,000

    Summary sheet

    Release date
    5 May 2015
    Status
    Reference
    Signed | 04/11/2015
    20140567
    Project name
    Promoter - financial intermediary
    ST MAARTEN FIBRE TO THE HOME (FTTH)
    SINT MAARTEN TELECOMMUNICATION HOLDING COMPANY NV
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 8 million
    EUR 21 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the rollout of a fibre access network on the Island of Sint Maarten (Dutch part of the island) in order to provide high speed fixed broadband telecom services to residential and business users. Provision of triple play (voice, internet, TV) services to around 14 500 homes is planned.

    The project will increase the availability and quality of advanced broadband services in the country, and will therefore help to bridge the digital divide in St Maarten and contribute to economic development.

    Environmental aspects
    Procurement

    If located in the EU, the investments in fixed telecommunications projects (mainly civil works for fibre rollout) would not fall under Directive 2011/92/EU on environmental impact assessment (EIA). The related works for such broadband networks have limited environmental effects, apart from disturbances during civil work construction, which can be mitigated by appropriate measures. Full environmental details will be assessed during appraisal.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ST MAARTEN FIBRE TO THE HOME (FTTH)
    Publication Date
    10 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60141935
    Document Focus
    Environmental Information
    Project Number
    20140567
    Sector(s)
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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