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        ADVANCED LOGIC SEMICONDUCTORS R&D

        Signature(s)

        Amount
        € 250,000,000
        Countries
        Sector(s)
        Italy : € 250,000,000
        Industry : € 250,000,000
        Signature date(s)
        21/07/2008 : € 250,000,000

        Summary sheet

        Release date
        15 May 2008
        Status
        Reference
        Signed | 21/07/2008
        20070156
        Project name
        Promoter - financial intermediary
        Advanced Logic Semiconductors R&D
        STMicroelectronics NV.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 250 million
        Up to EUR 800 million
        Location
        Sector(s)
        Description
        Objectives

        The project concerns activities in the field of advanced semiconductor R&D for logic, mixed signal and analog technologies, for the period 2008-2010.

        The project helps the promoter in its effort to foster its competitive position in high value added products by investing in R&D and contributes to the targets of the European Growth Initiative.

        Environmental aspects
        Procurement

        Semiconductor manufacturing facilities are not specifically covered by Annexes I & II of EU Directive 97/11/EC, as amended by 2003/35/EC, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at R&D facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings.

        The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on 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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        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.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        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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