INDUSTRIAL AND BUSINESS PARKS CSEE - VLNENA BRNO (EIB-20170100)

Countries
  • Czech Republic
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
CTP INVEST SRO
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 38.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 33 million
Converted using 2018-07-25 exchange rate.
Project Cost (USD)
$ 114.64 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 98 million
Converted using 2018-07-25 exchange rate.
Corporate Actor Documents
Primary Source

Original disclosure @ EIB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Aug 31, 2018


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Project Description

The fund aims to support the development of a business park in the Czech Republic. It is part of a larger programme of industrial and business parks in the region of Central and Southeastern Europe (CSEE) to be developed in the next four years by a market leader developer.

According to the bank document, the project aims at increasing the availability of high-quality business parks in the Czech Republic. This business park will meet demand by companies typically active in the technology sector requiring large adaptable spaces for innovation as well as easy access to skilled labour.

 

Investment Description
  • European Investment Bank (EIB)

The promoter is a private sector company not operating in sectors requiring the application of public procurement procedures under the relevant EU Directives. The procurement procedures employed by the promoter are in line with standard practice for the sector and are in the best interests of the project.

Private Actors
Contact Information

*There is no further information disclosed at this stage of the project*

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