Release date: 13 June 2003
Promoter – Financial Intermediary
Banca CARIGE S.p.A.
Contact : Dr. Luigi Cervetto
Ph. 010-5794.138
Location
Description
Multipurpose global loan facility to finance, throughout Italy, projects of SMEs in industry, services and tourism; public and private promoters with respect to small and medium-sized projects in environment, energy and eligible infrastructure (including health, education and social housing).
Objectives
To sustain projects aiming to increase the productivity and competitiveness of small and medium-sized enterprises; to promote investments leading to a more rational use of energy and environmental protection; to promote eligible small and medium-sized infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total project cost for each allocation.
Environmental aspects
Complying with EU and national legislation on environmental protection and right of on-site inspection.
Procurement
Projects presented under the loan to comply with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed - 24/03/2004
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).