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    Reference: 20180541
    Release date: 9 January 2019

    Promoter – Financial Intermediary

    GO PLC

    Location

    Description

    The project, to be implemented between 2019 and 2021, concerns the promoter's investments in Malta to increase the availability and quality of mobile and fixed high speed broadband services.

    Objectives

    The project relates to the rollout of a converged fixed-mobile next generation broadband access network throughout Malta.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 30 million

    Total cost (Approximate amount)

    EUR 60 million

    Environmental aspects

    The installation of fixed mobile telecommunication networks do not fall under Annexes of Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.

    Procurement

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.

    Status

    Under appraisal - 6/12/2018

    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

    Malta Telecom