Release date: 23 October 2013
Promoter – Financial Intermediary
UNIVERSITY OF ULSTERLocation
Description
Capital investment programme dedicated to the development of the university's new Belfast city campus.
Objectives
The purpose of the project is to construct a new campus of the University of Ulster in the centre of Belfast. The project will include construction of three new academic buildings on a Brownfield site.
Comments
Sector(s)
- Education - Education
Proposed EIB finance (Approximate amount)
GBP 150 million (EUR 180 million)
Total cost (Approximate amount)
GBP 301 million (EUR 361 million)
Environmental aspects
Universities and research institutions are not specifically mentioned in the EIA Directive on Environmental Impact Assessment. An EIA is therefore not required in accordance with the EIA Directive 2011/92/EU. However, parts of the investment cover the construction of new facilities and therefore 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 for any component of the project. Potential impact of Natura 2000 conservation sites will also be checked.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 11/02/2014
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).