Signature(s)
Summary sheet
Global loan through the Ministry of Finance to the Bank of Maldives for financing projects in areas affected by the Tsunami in December 2004, including rehabilitation, replacement or reconstruction of infrastructural and business installations mainly in the tourism sector.
The purpose of the project is to provide long term funding to the tourist industry for reconstruction and development of the sector as well as for environmental protection and disaster prevention.
The borrower will be requested to ensure that the final beneficiaries comply with the local legislation and with EIB rules and guidelines, as appropriate.
EIB procurement guidelines will be applied.
Mainly tourism and environment.
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They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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