Article: EIB/FRANCE: 1.15 MILLION ECU LOAN FOR FERRY IN MAYOTTE

In its first ever loan to the Territorial Collectivity of Mayotte, a French overseas territory among the Comoros islands in the Indian Ocean, the European Investment Bank (EIB) is advancing 1.15 million Ecus to part-finance a 330-passenger ferry boat linking the archipelagos's two main islands. The investments, with an estimated cost of 1.75 million Ecus, also comprise the development of a harbour terminal and a toll station for ferry passengers. The scheme is due for completion by mid 1992. The funds, in form of a conditional ...

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