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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Morocco : € 1,679,900
    Tunisia : € 28,320,100
    Industry : € 30,000,000
    Signature date(s)
    11/12/2017 : € 1,679,900
    11/12/2017 : € 5,300,000
    31/03/2021 : € 9,000,000
    11/12/2017 : € 14,020,100

    Summary sheet

    Release date
    10 February 2017
    Status
    Reference
    Signed | 11/12/2017
    20160661
    Project name
    Promoter - financial intermediary
    MECHATRONIC AND CABLE MANUFACTURING MAGHREB
    ONE TECH HOLDING
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 43 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter's new product development and capital expenditure programme focusing on cables and mechatronic components.

    The investments aim to improve the promoter's competitiveness and to increase its manufacturing capacities and own value added. The investments will be carried out in Tunisia and to a minor extent in one location in Morocco.

    Environmental aspects
    Procurement

    The project may entail the construction of new buildings that might require an environmental impact assessment (EIA) under Tunisian regulation. Environmental details will be assessed during the appraisal.

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

    Link to source

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - MECHATRONIC AND CABLE MANUFACTURING MAGHREB
    Publication Date
    27 Apr 2017
    Document language
    Main Topic
    Lending
    Document Number
    69867645
    Document Focus
    Environmental Information
    Project Number
    20160661
    Sector(s)
    Countries
    Publicly available
    Download now

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    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.
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