Release date: 9 January 2019
Promoter – Financial Intermediary
GO PLCLocation
Description
The project, to be implemented between 2019 and 2021, concerns the promoter's investments in Malta to increase the availability and quality of mobile and fixed high speed broadband services.
Objectives
The project relates to the rollout of a converged fixed-mobile next generation broadband access network throughout Malta.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 60 million
Environmental aspects
The installation of fixed mobile telecommunication networks do not fall under Annexes of Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.
Status
Under appraisal - 6/12/2018
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).