Release date: 17 February 2004
Promoter – Financial Intermediary
The Republic of Hungary.Location
Description
Co-financing of measures and schemes supported by community assistance under the Hungarian Community Support Framework (CSF) for the period 2004-2006.
Objectives
The loan proceeds will contribute to complement the national resources devoted to the overall funding needs under the CSF in a way to speed up implementation of already identified and well prepared schemes.
Comments
Main recipient sectors of EIB funds hereunder are likely to be under the operational programs for regional development, human resource development, economic competitiveness and infrastructure (environment & transport).
Sector(s)
Proposed EIB finance (Approximate amount)
In the order of EUR 445 million.
Total cost (Approximate amount)
In the order of EUR 2.7 billion.
Environmental aspects
Schemes will need to comply with EU and Hungarian environmental directives and, where required, EIA procedures.
Procurement
To be compliant with EU directives.
Status
Signed - 30/04/2004
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).