Original disclosure @ EIB website
Updated in EWS Jun 26, 2021
Disclosed by Bank May 8, 2020
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This project consists of a loan to support public sector counterparties in containing the COVID-19 pandemic with health emergency response and pandemic preparedness interventions for Eastern, Central Asia and Southern neighbouring countries.
The objectives of the EIB financing are:
1) The main scope of the operation is addressing the medical emergency response, for which the EIB is ensuring a fast financial support that will: a) enable the promoters to deploy the healthcare infrastructure, equipment and materials required to fight the COVID-19 expansion, increase intensive care unit capacity for patients with respiratory diseases (respiration equipment etc.), lab capacities for testing, IT and other equipment and software for logistics, stockpiling, transport, surveillance, etc,; b) enable the the civil protection sector, for example, to increase capacity for healthcare beyond the normal system, including equipment and infrastructure, hygiene and disinfection measures, examinations, screening, quarantines and other official measures ordered to prevent the spread of infectious diseases.
2) The other objective is to address the pandemic medium term response. Given the general underinvestment of the healthcare system across the Eastern, Central Asia and Southern neighbouring countries region, the programme loan could also be used to finance investments to reinforce the healthcare systems of the target countries to better respond to future pandemic threats.
*Project contacts not provided at the time of disclosure.*
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