Release date: 10 February 2017
Promoter – Financial Intermediary
ONE TECH HOLDING
The project concerns the promoter's new product development and capital expenditure programme focusing on cables and mechatronic components.
The investments aim to improve the promoter's competitiveness and to increase its manufacturing capacities and own value added. The investments will be carried out in Tunisia and to a minor extent in one location in Morocco.
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 43 million
The project may entail the construction of new buildings that might require an environmental impact assessment (EIA) under Tunisian regulation. Environmental details will be assessed during the appraisal.
The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.
Signed - 11/12/2017
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).