THE INVESTMENT PLAN FOR EUROPE

THE INVESTMENT
PLAN FOR EUROPE
STATE OF PLAY
May 2016
C O U N T RY S H E E T: B E LG I U M
Infrastructure and Innovation projects approved by
European Investment Bank (EIB)
SME financing agreements approved by
European Investment Fund (EIF)
* Multiple countries
50
40
Infrastructure and Innovation
3 projects
30
SME financing
6 agreements
20
10
0
*
IT
FR
UK
DE
ES
BE
IE
CZ
DK
NL
PL
SE
AT
BG
HR
EE
PT
FI
HU
SK
EL
LV
LT
LU
RO
SI
CY
MT
INFRASTRUCTURE AND INNOVATION PROJECTS
The three projects amount to EUR 380 million in European Investment Bank (EIB) financing under the European
Fund for Strategic Investments (EFSI). This is expected to trigger EUR 1.8 billion in investments and create more
than 3,200 jobs.
Sectors
Energy - Social infrastructure - Transport - Digital
Environment and resource efficiency - RDI - Smaller companies - Agriculture
Nobelwind offshore wind (signed October 2015)
• Implementation of the second phase of Belwind, a large offshore windfarm off the coast of
Belgium
• EIB financing under EFSI: EUR 100 million
• Total investment expected: EUR 542 million
Ginkgo Fund II (signed in February 2016)
• E
quity fund investing in transforming former industrial sites into uncontaminated and habitable
areas
• EIB financing under EFSI: EUR 30 million
Offshore windfarm (approved, not yet signed)
• Construction, operation and maintenance of an offshore windfarm off the Belgian coast
SME FINANCING
European Investment Fund financing under the EFSI for the six approved agreements with intermediary banks
or funds amounts to EUR 57.6 million. It is expected to trigger EUR 684.5 million in investments and benefit
2,021 SMEs and start-ups.
•
Examples of the intermediaries include Sowalfin S.A., Participatiefonds Vlaanderen N.V., ING Belgium S.A./N.V.
and Belfius.