1.1  Desk Review

The Desk Review was carried out between October and December 2003 on fifteen PPP projects financed between 1990 and 2001, of which fourteen are located in Member States and one in a partner country. This represented approximately half of the Bank's PPP loans at the time, by number. Most of the projects chosen were physically complete, operational, had not been fully reimbursed, and were selected to provide a reasonable cross-section of the Bank's overall PPP business as to country and sector. The analysis was primarily based on data and information held in the Bank's central archive dossiers, supplemented by interviews with staff from the directorates involved. The main object was to identify the projects and the key issues to be examined in the in-depth phase. However, where appropriate, the findings of the Desk Review have been incorporated into this report, along with the findings of in-depth evaluations of PPP projects under previous EIB evaluations.