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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Austria : € 250,000,000
    Services : € 85,000,000
    Education : € 165,000,000
    Signature date(s)
    7/05/2010 : € 85,000,000
    7/05/2010 : € 165,000,000
    Link to source

    Summary sheet

    Release date
    10 November 2009
    Status
    Reference
    Signed | 07/05/2010
    20090472
    Project name
    Promoter - financial intermediary
    Wirtschaftsuniversitaet Wien
    “Projektgesellschaft Wirtschaftsuniversität Wien Neu GmbH”, a special purpose company to implement this project. Its shareholders are the “Bundes Immobilen Gesellschaft (BIG)” (51%), and the public Vienna University of Economics and Business (49%).
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 250 million
    Approx. EUR 500 million
    Location
    Sector(s)
    Description
    Objectives

    The project involves the construction of a completely new campus for the Vienna University of Economics and Business to replace the existing, obsolete facilities that are scattered in seven different locations.

    Make a university campus available to 23,000 students.

    Environmental aspects
    Procurement

    Universities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project is covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify the EIA screening decision of the Competent Authority during appraisal.

    As a public entity, the promoter is required to respect national and European legislation applicable to public authorities’ procurement. The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been tendered in accordance with the relevant EU procurement legislation. The procurement issues will be studied during appraisal.

    Link to source

    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).

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