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Reference: 20190049
Release date: 19 March 2019

Promoter – Financial Intermediary

LAND BRANDENBURG

Location

Description

The project consists of the financing of small and medium-sized investments in the hospital infrastructure in the Federal State of Brandenburg in the 2019-2020 period.

Objectives

This project will foster integrated territorial development in the health sector.

Sector(s)

  • Health - Human health and social work activities

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

EUR 200 million

Environmental aspects

Hospitals are not specifically mentioned in the environmental impact assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during the appraisal the screening decision of the Competent Authority. It is expected that the project will bear wider benefits to the community as healthcare is an element of social cohesion and economic development.

Procurement

The Bank will require the promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, 2014/24/EU where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

Status

Signed - 16/10/2019

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Germany Health