Release date: 16 June 2004
Promoter – Financial Intermediary
Province of Rome.Location
Description
The proposed loan is directed at supporting the investments foreseen in the 2004-2006 capital investment plan of the local authority directed at improving the innovation capacity of the area and its social cohesion. More specifically, the loan will finance infrastructure schemes in the areas of education, transport and other priority investments schemes in line with the European objectives.
Objectives
The allocation of the credit line will give a special emphasis to assisting schemes located in EU assisted areas in the province’s territory. In this respect, it is expected that a 50% share of the expenditures funded under the facility will be employed in assisted areas.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 m.
Total cost (Approximate amount)
Up to EUR 500 m.
Environmental aspects
The schemes – mostly of small scale - will be carried out in full compliance with EU rules.
Procurement
In line with EU procedures.
Status
Signed - 21/07/2004
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).