How does the EIB go about appraising a project?
The Bank will review the promoter’s own comprehensive feasibility studies, and make a preliminary assessment of certain aspects of the project including: • Technical • Environmental • Economic • Financial • Legal This is then followed up with a detailed appraisal by an EIB project team, consisting of an economist, an engineer and a loan or contact officer within the Bank. The project team will make use of all existing available reports, analyses and documents, and include a visit to the project’s operating company and the investment’s location. The EIB forms its own opinion on the basis of available data and documents.
