Release date: 17 May 2005
Promoter – Financial Intermediary
Corporacion Andina de Fomento (CAF)Location
Description
The proposed line of credit will be targeted to part-finance projects in various sectors of the economy and bearing a European interest.
Objectives
Provide CAF with long term ressources in order to support eligible projects and help diversify its present sources of funding.
Comments
Various sectors of the economy with a bias towards infrastructure fostering regional integration.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All sub-projects financed under the proposed global loan will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB.
Procurement
The procurement of works, goods and services relating to the sub-projects shall follow apppropriate procedures and be acceptable to EIB.
Status
Signed - 14/07/2005
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).