TOMATO PRODUCTION AND PROCESSING

Promoteur – Intermédiaire Financier

ACCEPTABLE CORPORATE(S)

Lieu

• Ukraine

Description

Financing of a new line of tomato production and processing in Ukraine

Objectifs

The proposed investment underpins the promoter's strategy to increase the competitiveness of its business through expansion of capacity and resource efficiency. The project will have a positive social and environmental impact in terms of employment creation and resource efficiency, state-of-the-art technology and management, as well as strengthened food security.

Secteur(s)

• Agriculture, pêche, sylviculture - Agriculture, sylviculture et pêche

Garantie au titre du MPE

This operation is covered by the ELM Political Risk Guarantee.

Montant BEI envisagé (montant approximatif)

USD 26 million (EUR 24 million)

Coût total (montant approximatif)

USD 60 million (EUR 57 million)

Aspects environnementaux

The agricultural component of the project is expected to bring an overall positive impact on the environment by supporting the introduction of more resource-efficient irrigation methods. The new processing plant is expected to be highly resource-efficient, and the appraisal will determine its alignment with the best available technologies principle. The project should also raise safety, health and environmental standards throughout the promoter's operations.

Passation des marchés

The Bank will require the promoter(s) to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

Statut

Signé - 31/03/2017