Release date: 19 May 2005
Promoter – Financial Intermediary
Ministry of Finance of the Socialist Republic of VietnamLocation
Description
Credit line structured as a global loan for financing small and medium-size projects in industry, agro-industry, infrastructure, tourism, energy and telecommunications, related services and eligible health and urban development sectors.
Objectives
The envisaged cooperation with the Ministry of Finance is key to developing a significant and lasting presence in Vietnam, which is a potentially promising market for the Bank in its effort to support EU companies in emerging markets.
Comments
Agro-industry, infrastructure, tourism, energy and telecommunications, related services and eligible health and urban development sectors.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 30 million.
Total cost (Approximate amount)
EUR 60 million.
Environmental aspects
The borrower will be requested to ensure that the final beneficiaries comply with the local legislation and EIB rules and guidelines.
Procurement
Normal procedures.
Status
Signed - 8/12/2005
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).