Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Vietnam : € 30,000,000
Credit lines : € 30,000,000
Signature date(s)
8/12/2005 : € 30,000,000
Link to source

Summary sheet

Release date
19 May 2005
Status
Reference
Signed | 08/12/2005
20040570
Project name
Promoter - financial intermediary
Credit Line to Ministry of Finance
Ministry of Finance of the Socialist Republic of Vietnam
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million.
EUR 60 million.
Location
Sector(s)
Description
Objectives

Credit line structured as a global loan for financing small and medium-size projects in industry, agro-industry, infrastructure, tourism, energy and telecommunications, related services and eligible health and urban development sectors.

The envisaged cooperation with the Ministry of Finance is key to developing a significant and lasting presence in Vietnam, which is a potentially promising market for the Bank in its effort to support EU companies in emerging markets.

Environmental aspects
Procurement

The borrower will be requested to ensure that the final beneficiaries comply with the local legislation and EIB rules and guidelines.

Normal procedures.

Comments

Agro-industry, infrastructure, tourism, energy and telecommunications, related services and eligible health and urban development sectors.

Link to source

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