Release date: 25 August 2020
Promoter – Financial Intermediary
ROMANIALocation
Description
The project consists of the construction and equipment of the new Regional Emergency Hospital in Iasi.
Objectives
The project's main objective is to improve the quality and efficiency of medical services for the patients requiring acute emergency, secondary and tertiary level interventions requiring high-level technology and expertise in the country's NE Region. In the current context of COVID-19 crisis, the project is expected to contribute to the country's preparedness and response capacity against future pandemics.
Sector(s)
- Health - Human health and social work activities
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 421 million
Environmental aspects
The project comprises the construction and equipping of medical facilities. Hospitals are not specifically mentioned in the EIA directive 2014/52/EU amending Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during appraisal the screening decision of the competent authority. In line with Directive 2010/31/EU, the new and rehabilitated buildings will have to meet at least the relevant national targets on energy efficiency. The design energy performance of the hospital and any specific related targets to be met will be verified during appraisal. It is expected that the project will bring wider benefits to the community as healthcare is an element of social cohesion and economic development. The Bank will encourage the Promoter to take into account circular economy principles during the development and future operation of the project.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/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 - 20/04/2021
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).