Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Sri Lanka
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
22/12/2006 : € 50,000,000
Summary sheet
Release date
29 March 2006
Status
Reference
Signed | 22/12/2006
20060106
Project name
Promoter - financial intermediary
DFCC Global Loan II
Ministry of Finance & Planning of the Democratic Socialist Republic of Sri Lanka
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
Not applicable.
Location
Sector(s)
Description
Objectives
The proceeds of the EIB loan would be channelled through MOF via DFCC to the final beneficiaries meeting the eligibility criteria of mutual interest for financing under the EIB global loan.
Financing of investments of small/medium scale by the DFCC in industry, productive infrastructure, tourism, mining, related services and eligible health and climate change mitigation projects.
Environmental aspects
Procurement
The borrower will be requested to ensure that the final beneficiaries comply with local legislation and EIB rules and guidelines.
Investments financed under the global loan will comply with national legislation and EIB procurement guidelines.
Comments
Industry, productive infrastructure, tourism, mining, related services, health and environment.