Heinz%20olbers

The European Azerbaijan Society Business Forum Brussels Azerbaijan through the Eyes of International Investors

Diamant Conference & Business Centre Brussels, Wednesday, 14th of October 2015 20-Oct-15

European Investment Bank

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The EIB and its business model provide Value Added Ø Bank of the European Union Ø Triple-A institution transferring the financial advantage to projects complying with EU policies Ø EU policy-driven institution focussing projects matching both national and EU priorities Ø Long experience (since 1963) of working with partner countries Ø EIB Quality Label: in-house technical expertise (technical, economical, financial, environmental) helps to ensure and disseminate best practices

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EIB Activities Outside the Union EIB external lending mandates: Pre-accession countries: • Candidate countries - Turkey and Former Yugoslavian Republic of Macedonia • Potential candidate countries - Western Balkans European Neighbourhood: • Eastern Europe, Southern Caucasus and Russia • Mediterranean Neighbourhood Development: • Africa, Pacific and Caribbean South Africa • Asia and Latin America • Central Asia

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Eastern Europe, Southern Caucasus and Russia

EAST: Total signatures 2007 -­‐ 2014 (EURm) 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 -­‐

Russian Federa7on Other Countries

2007 2008 2009 2010 2011 2012 2013 2014

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Criteria

Projects financed by the Bank must be: Ø economically justified Ø technically viable Ø financially self-supporting and Ø environmentally sound Ø appropriate procurement procedures are required

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Strategic objectives Three high level objectives: •

Private sector development, in particular support to SMEs

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Development of social and economic infrastructure

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Climate change mitigation and adaptation (renewable energy, energy efficiency, and sustainable transport, …)

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Lending activities in Azerbaijan

Framework Agreement Signed on 29 August 2013 Ratified on 22 October 2013 Entered into Force on 15 January 2014 Contracts signed Accessbank Azerbaijan Loan for SMEs Signature date: 7 November 2014 EIB loan amount: EUR 25m International Bank of Azerbaijan Loan for SMEs and Mid-Caps Signature date: 16 September 2015 EIB loan amount: EUR 50m 20-Oct-15

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Financing Agricultural Value Chains Ø Supporting rural economic development, food security and resource efficiency Possible structure:

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Financing Agricultural Value Chains Ø Supporting rural economic development, food security and resource efficiency What sections of a value chain could be eligible for funding ?

All participants in the value chain: § Private and public enterprises along the value chain: § producers, logistics, processing, packaging, wholesale and retail, etc. § Ministries and other public institutions; § Universities and Colleges, Laboratories; § Food safety and quality control bodies, public or private.

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Financing Agricultural Value Chains Ø Supporting rural economic development, food security and resource efficiency What can be funded ? § Purchase, renovation or expansion of assets (e.g. equipment, machinery, buildings), other than land; § Development or rehabilitation of natural assets (e.g. plantations, orchards, vineyards, forests); § Investment in intangible assets, such as: o Development, planning and financing costs during the construction phase; o R&D expenses; § Permanent working capital (with certain conditions).

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Contact details

Heinz Olbers – Director Tel: (+352) 4379-87313 – E-mail: olbers@eib.org

EIB Southern Caucasus Regional Office Sébastien Husson de Sampigny – Head of Office Tel: (+995) 322 006 284 – E-mail: tbilisi@eib.org

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