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        STADTENTWICKLUNG BRANDENBURG

        Signature(s)

        Amount
        € 174,000,000
        Countries
        Sector(s)
        Germany : € 174,000,000
        Urban development : € 174,000,000
        Signature date(s)
        6/11/2009 : € 5,000,000
        28/01/2009 : € 169,000,000

        Summary sheet

        Release date
        15 July 2008
        Status
        Reference
        Signed | 28/01/2009
        20080304
        Project name
        Promoter - financial intermediary
        Stadtentwicklung Brandenburg
        The State of Brandenburg in Germany
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 174 million
        EUR 444 million
        Location
        Sector(s)
        Description
        Objectives

        Co-financing of urban renewal programmes focusing on sustainable development in the State of Brandenburg/Germany

        It is foreseen that under this operation EIB finances the respective shares that the state of Brandenburg contributes to the programmes.

        Environmental aspects
        Procurement

        Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the sub-projects – demolition, modernising, rehabilitation of social housing and associated social and urban infrastructure, rehabilitation of historical buildings in built-up urban areas and small-scale new construction bringing back into use brownfield sites – it is unlikely that an EIA would be required in most cases.

        Compliance with the EU procurement directives and national laws shall be ensured.

        Comments

        Construction

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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