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    Reference: 20160178
    Release date: 2 November 2016

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    The project consists of the expansion and modernisation of the promoter's logistics infrastructure in Ukraine.

    Objectives

    The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as well as increase the annual volume of exported agricultural commodities. It is also expected to have a positive impact overall on the environment and employment.

    Comments

    This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Not disclosed.

    Total cost (Approximate amount)

    Not disclosed.

    Environmental aspects

    The project is expected to have a positive impact overall on the environment and employment by supporting the introduction of more resource-efficient in-land transportation of cereals, resulting in higher profitability as well as reduced losses and waste along the post-harvest infrastructure. The project should also raise safety, health and environmental standards throughout the promoter's operations.

    Procurement

    The Bank will require the promoter(s) to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

    Status

    Signed - 19/12/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Ukraine Agriculture, fisheries, forestry Transport