• Is the purchase of goods and services of made in Italy a financing condition?

    Shpërndaje në:

    Yes, one of the eligibility criteria of the project to be accepted by bank for loans between 50,000 Euro to 500,000 Euro is:

    • At least 70% of loan funds should be used to purchase equipment, machineries, technologies, technical assistance, industrial licenses, maintenance, spare parts and raw materials made in Italy;
    • Maximum 10% of the loan funds can be used to purchase raw materials relevant to the principal investment;
    • Maximum 30% of the loan funds can be used to cover local costs or from other neighbouring developing countries.

    Whereas for loans between 15,000 Euro to 50,000 Euro is:

    • At least 40% of the loan funds should be used to purchase equipment, machineries, technologies, technical assistance, industrial licenses, maintenance, spare parts and raw materials made in Italy;
    • Maximum 60% of the loan funds can be used to cover local costs.