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Delevopments with Asia and Latin America (ALA)

Under three consecutive EU mandates, the EIB has been authorised to lend up to EUR 4 405 million in Asia and Latin America. The funds are used to finance productive investment, to contribute towards economic development in the Asian and Latin American partner countries. Projects are selected in line with European Union cooperation policy objectives and must be in the interests of both the country in which the investment is implemented and the EU.

In the ALA region the Bank has focused on projects that offer good potential of generating significant value added, as estimated in the context of the ESIAF. EIB lending in ALA has also continued to support the EU presence in Latin America and in Asia through financing foreign direct investment and the transfer of technology and know how.


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