Release date: 2 November 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The project consists of the expansion and modernisation of the promoter's logistics infrastructure in Ukraine.
Objectives
The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as well as increase the annual volume of exported agricultural commodities. It is also expected to have a positive impact overall on the environment and employment.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
Not disclosed.
Total cost (Approximate amount)
Not disclosed.
Environmental aspects
The project is expected to have a positive impact overall on the environment and employment by supporting the introduction of more resource-efficient in-land transportation of cereals, resulting in higher profitability as well as reduced losses and waste along the post-harvest infrastructure. The project should also raise safety, health and environmental standards throughout the promoter's operations.
Procurement
The Bank will require the promoter(s) to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.
Status
Signed - 19/12/2016
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).