EUROPAC INDUSTRIAL PACKAGING PLANT IN TANGIER

Promoteur – Intermédiaire Financier

ACCEPTABLE CORPORATE(S)

Lieu

• Maroc

Description

The project consists of the development of a corrugated packaging plant in Tangier, comprising a corrugator and three additional converting lines for the production of cardboard packaging.

Objectifs

The proposed operation will support the key mandate objective of private sector development both directly and indirectly, in particular through increased local added value.

Commentaires

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

Secteur(s)

• Industrie - Industrie manufacturière

Garantie au titre du MPE

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

Montant BEI envisagé (montant approximatif)

EUR 10 million

Coût total (montant approximatif)

EUR 31 million

Aspects environnementaux

Although the exact location is still to be determined, it will almost certainly be either on an existing Industrial Estate, or in an area already zoned for light manufacturing. In addition, the scale of the plant and the nature of the operations make it unlikely that an EIA would be required if it were to be located within the EU. The position in respect of national legislation will be confirmed at appraisal.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

Signé - 15/06/2015