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Reference: 20150757
Release date: 13 June 2016

Promoter – Financial Intermediary

LAND BERLIN

Location

Description

The project concerns the provision of additional accommodation for refugee/asylum seekers in the years 2016 and 2017 in the Federal State of Berlin. The investments will be new constructions.

Objectives

The project will significantly contribute to the provision of urgently needed additional accommodation for refugee/asylum seekers, in the context of the sharp increase in refugee/asylum seekers arriving in the region.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 125 million

Total cost (Approximate amount)

EUR 125 million

Environmental aspects

Compliance with the relevant EU directives will be verified during appraisal: Environmental Impact Assessment (EIA) Directive 2011/92/EU, Strategic Environmental Assessment (SEA) Directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the housing investments will be reviewed during project appraisal. Applicable energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project appraisal.

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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Status

Signed - 13/11/2018

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

Germany Urban development