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Reference: 20140069
Release date: 25 June 2014

Promoter – Financial Intermediary

HELSINGIN JA UUDENMAAN SAIRAANHOITOPIIRI

Location

Description

Investment programme of the Hospital District of Helsinki and Uusimaa in the Uusimaa region in the south of Finland during 2014-2017

Objectives

The promoter operates 20 hospitals for general and specialised care, amongst which the Helsinki University Central Hospital is nationally responsible for treating severe and rare illnesses and ones calling for special expertise and technology. The programme covers the investment plan for 2014 to 2017 for the renovation, adaptation and extension of buildings as well as investment in medical equipment.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 430 million

Environmental aspects

Hospitals are not specifically mentioned in the EIA Directive 2011/92/EU on Environmental Impact Assessment, though the project 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. It is expected that the project will have positive social benefits as healthcare is an element of social cohesion.

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/EC and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.

Status

Signed - 16/12/2014

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).

Related tags

Finland Health