EUROPEAN FUND FOR STRATEGIC INVESTMENTS
In October 2014, European Commission President Jean-Claude Juncker presented the Investment Plan for Europe. This plan aims to rapidly increase investment in infrastructure and innovation projects in Europe, using a combination of public and private resources. The central element of the investment plan is the European Fund for Strategic Investment (EFSI) with a capacity of up to € 315 billion. The money can be spent until mid 2018. The Fund is managed by the European Investment Bank (EIB). Unlike European structural and investment funds (such as the Cohesion Fund and European Regional Development Fund) it is a repayable form of assistance (not a grant). EIB, with support from EFSI, provides financing for economically and technically viable projects, including projects with a higher risk profile. Resources for the implementation of these projects can be a combination of EFSI, "standard" EU funds and financing from private and institutional investors. Currently, financial assistance from EFSI is being used in the D4 project, where funds from OPII are also used in the form of financial instruments implemented through the Slovak Guarantee and Development Bank Asset Management, Inc. More information can be found at the Ministry of Finance website. |
Managing Authority | Photo gallery | Main areas | References |
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Ministry of Transport and Construction of the Slovak Republic Námestie slobody č. 6 P.O.BOX 100, 810 05 Bratislava Phone: 02 5949 4111 |
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The Operational Programme Integrated Infrastructure is co-financed by the European Structural and Investment Funds | © 2017 MTC SR |
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Managing Authority: Ministry of Transport and Construction of the Slovak Republic Bratislava |
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