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Azerbaijan

Department: Lending and Investment
Project Name: EBRD Financial Intermediary Investment Special Fund
Project Description: The TaiwanICDF contributes US$12.5 million to the Financial Intermediary Investment Special Fund to finance various investment ventures in Central and Eastern Europe and Central Asia, in cooperation with the European Bank for Reconstruction and Development (EBRD). Although the main focus is on supporting private enterprises, funding may also be extended to successfully privatized public enterprises.
The invested projects included 【Silk Road Motel Project in Azerbaijan】, 【Drode Privatization Project in Lithuania】, 【UniBank of Azerbaijan】,【Procredit Bank Project in Romania】, 【Procredit Bank Project in Georgia】,and【Krygyz Micro and Small Enterprise Finance Facility - Phase I】.

Region: West and Central Asia, Europe
Implementation Start Date: 1998/5/9
Implementation End Date: 2008/5/8
Project Objectives: Enhance the development of the private sector in Central and Eastern Europe and Central Asia.
Executing Agency: European Bank for Reconstruction and Development (EBRD)
Implementation Arrangement: This special fund was established and administered by the EBRD to finance equity investments and debt facilities for local private companies in certain Central and Eastern European and Central Asia countries.
Project Performance: Enhance ROC's relationship with Central and Eastern European countries. Enhance private sector cooperation of ROC and Central and Eastern European countries through investment and lending activities. Enhance TaiwanICDF's appraisal capability of investment projects and future venture capital projects in countries with diplomatic relations through participation EBRD's investment projects.
Project Contact: Lending and Investment Department
Phone: 886-2-2873-2323
E-mail: c.a.yang@icdf.org.tw
Signing Date: 1998/5/9
Status: Completed
Sector: Economic Infrastructure and Services
Sector Item: Banking and Financial Services
Cooperating Country: Georgia, Azerbaijan, Kyrgyzstan, Romania, Lithuania
Cooperating Organization: European Bank for Reconstruction and Development (EBRD)
Project status: Completed projects
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  • Date:2010/12/5
  • Date Updated:2014/8/11
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