Includes how major projects are financed and gives examples where relevant. Explains activities of the multilateral development banks in and other aid-funded projects where procurement is open to U.S. bidders.

Foreign companies can obtain financing from local banks for project financing, in addition to EU funding.  For information on financing your project with EU structural funds, see:  Central Finance and Contracting Agency of the Republic of Latvia .

EU financial assistance programs provide a wide array of grants, loans, loan guarantees and co-financing for feasibility studies and projects in a number of key sectors (e.g., environmental, transportation, energy, telecommunications, tourism, public health).  A number of centralized financing programs are also generating procurement and other opportunities directly with EU institutions.
 
The EU provides project financing through grants from the EU budget and loans from the European Investment Bank.  Grants from the EU Structural and Investment Funds program are distributed through the member states’ national and regional authorities.
 

 For more information on European grants and tenders, please visit the following website: Export.gov - EU Funding and Government Procurement Sectors
 
Multilateral Development Banks:
The European Bank for Reconstruction and Development (EBRD) offers a full range of financial services to U.S. investors in Latvia. EBRD offers financial products tailored to each client and its financing for private sector projects generally ranges from $5 million to $250 million, in the form of loans or equity.
More information can be found here: European Bank for Reconstruction and Development

U.S. Commercial Service Liaison Offices at the Multilateral Development Banks (European Bank for Reconstruction and Development, World Bank)
The Commercial Service maintains Commercial Liaison Offices in each of the main Multilateral Development Banks, including the European Bank for Reconstruction and Development and the World Bank. These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development. The Commercial Liaison Offices help American businesses learn how to get involved in bank-funded projects, and advocate on behalf of American bidders. Learn more by contacting the Commercial Liaison Offices to the European Bank for Reconstruction and Development (Export.gov - EBRD) and the World Bank (Export.gov - World Bank).
 

 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.