EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

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EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas

Transcript of EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

Page 1: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

EIB FINANCING FOR eGOVERNMENT

&eSERVICES

PROJECTS IN EUROPE Dr. Ioannis Kaltsas

Page 2: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

In EURm: Accession

Countries

Western Balkan countries

Euro-MediterraneanPartnership countries

Africa, Caribbean,Pacific, OCTSouth Africa

Asia, LatinAmerica

EIB Lending in the World

Page 3: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

Why the EIB is Involved:

Lisbon Summit Vision for Europe

Innovation 2000 Initiative (i2i)

eEurope 2005 Plan

Knowledge Innovation Competitiveness

Page 4: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

Defining eGovernment & eServices Projects:

What is an eGovernment Project for the EIB?

Who can be the “promoter” of an eProject?

At which stage can the EIB be involved?

What is an eServices Project for the EIB?

Page 5: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

EIB Priorities in Financing eGovernment & eServices Projects:

Priorities are based on the needs of each country and economy

Projects which facilitate EU integration

Projects which are consistent with the Lisbon vision

Projects in Regional Development Areas

Page 6: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

What Can the EIB Offer:

Competitive Long-Term Loans

Technical Assistance

Participation in Private-Public-Partnerships

Indirect Financing for Small Projects

Venture Capital through the EIF

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Conditions for EIB Participation:

Financial & Economic Profitability of the Project

Sound Procurement Procedures

The EIB is co-financing rather than financing

Technical Feasibility of the Project

Commitment for Follow-up & Long-Term Viability

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EIB Financing & Structural Funds:

EIB financing could be combined with funds from the Structural Funds in the CSF

Upper limit 90% of the project cost

EIB will conduct its own appraisal of the project

Page 9: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.

Conclusions:The EIB can contribute to the acceleration of eGovernment & eServices Programmes in Accession Countries

The EIB could provide technical assistance for eGovernment projects & facilitate the formation of successful PPPs

The EIB is financing only technically feasible and economically viable projects

EIB financing could be combined with funds from the CSF

Page 10: EIB FINANCING FOR eGOVERNMENT & eSERVICES PROJECTS IN EUROPE Dr. Ioannis Kaltsas.