Release date: 21 January 2011
Promoter – Financial Intermediary
The Joint Authority for the Hospital District of Helsinki and Uusimaa (HUS)
Location
Description
The investment plan for 2010 to 2013 for renovation, adaptation and extension of buildings as well as investments in medical equipment.
Objectives
Contribution to the overall health and academic strategy of the region, appropriately sized and configured hospital services, the ability to introduce better models of service delivery and improved healthcare from purpose-built premises, and greater synergies created with teaching and research.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million
Total cost (Approximate amount)
Approximately EUR 400 million
Environmental aspects
Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the projects may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the competent authority. Due to the fact that healthcare is an element of social cohesion, the programme will have positive social benefits in this respect.
Procurement
The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment programme will be examined during appraisal.
Status
Signed - 20/10/2011
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).