Release date: 1 October 2009
Promoter – Financial Intermediary
Gobierno de CantabriaLocation
Description
The project comprises several investments from pre-university to university education spread throughout the Comunidad de Cantabria, Spain.
Objectives
Investments include the rehabilitation of the historical buildings of the former Universidad Pontificia de Comillas and their transformation into a teaching and research facility dedicated to the Spanish language, and into the Spanish headquarters of Colegios del Mundo Unido (United World Colleges). Other investments are dedicated to music education, support facilities for University students, new schools for pre-school and primary education and expansion of three schools catering for pre-university education students.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 50 million.
Total cost (Approximate amount)
Up to EUR 144 million.
Environmental aspects
Educational facilities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. During appraisal the Bank’s services will verify whether any EIA is required and the environmental effects of the project.
Procurement
As a public administration entity the promoter is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in the regional’s legislation.
Status
Signed - 15/03/2010
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).