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IDF Loan for Smes & Priority Projects III
Details
Location:Montenegro
Category:Non-consulting services
Status:Approval
Sectors:Energy, Environment & Climate, Non-specialized Goods / Services, Tourism, Financial Services & Audit
Contracting authority: Investment and Development Fund of Montenegro
Description
Reference: 20160519 Release date: 05 August 2016
Promoter – Financial Intermediary INVESTMENT AND DEVELOPMENT FUND OF MONTENEGRO JSC Location Montenegro Description Loans for financing small and medium-sized projects carried out primarily by SMEs, as
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tender Background
About the Funding Agency
The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.
The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.
Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.
About the Sectors
Energy
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Key areas:
- Renewable and non-renewable energy production
- Energy infrastructure and distribution systems
- Power generation and energy supply solutions
Environment & Climate
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.
Key areas:
- Environmental protection and conservation
- Natural resource and ecosystem management
- Climate change and environmental resilience
Locations
Montenegro
Montenegro focuses on highway construction, port modernization, energy infrastructure, and tourism facilities to enhance regional connectivity and economic growth. Infrastructure financing combines national budgets, foreign investment, and international development loans. Projects aim to integrate the country more closely with European transport corridors. Debt sustainability and administrative capacity remain important factors in long-term infrastructure development.
Nr. of tenders: 5242
Nr. of grants: 2666
Nr. of donors: 485
Nr. of jobs: 14
Nr. of tenders: 5242
Nr. of grants: 2666
Nr. of donors: 485
Nr. of jobs: 14
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