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Reference: 20040344
Release date: 22 October 2004

Promoter – Financial Intermediary

Principado de Asturias

Gestion de Infraestructuras Sanitarias del Principado de Asturias, S.A. (GISPASA), a special purpose vehicle 100% owned by the Principado de Asturias (PDA). GISPASA was created in March 2004 to perform activities related to the provisioning of infrastructures, equipment and services in the health sector for the PDA.

Location

Description

Construction and operation by GISPASA of a new general and university hospital (the Hospital Universitario Central de Asturias – HUCA).

Objectives

The new hospital will mainly replace 3 older structures (the old Hospital Central, the Residencia Sanitaria Nuestra Señora de Covadonga and the Instituto Nacional de Silicosis) in Oviedo, Spain. The hospital will have 1039 conventional beds and a total surface area of some 180.000 sq m.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 165 million

Total cost (Approximate amount)

Around EUR 330 million, of which some EUR 260 million (included IVA) involve capital expenses dedicated to the construction of the new facilities.

Environmental aspects

Where required, the promoter is expected to respect the norms imposed by the EU Directive 97/11/EC. In accordance with its normal procedure, the Bank will ensure that appropriate measures have been defined as regards environmental protection.

Procurement

The promoter is required to respect the EU directives as regards invitations to tender.

Status

Signed - 30/07/2005

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

Spain Health