The Borrower will be the entity to be selected by the Promoter (MINISTÉRIO DA SAÚDE) through a public tender.
Location
Portugal
Description
30-year DBFM (design, build, finance, maintain) concession for the construction and operation of a new hospital in the municipality of Faro (Portugal).
Objectives
The replacement of existing Faro hospital and contribution to the overall reconfiguration of hospitals across the Algarve region.
Comments
Sector(s)
Health, Education
Proposed EIB finance (Approximate amount)
Up to EUR 125 million
Total cost (Approximate amount)
Up to EUR 300 million
Environmental aspects
Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the Project may be covered by Annex II of the Directive in relation to urban development. During appraisal, the Bank’s services will examine the environmental implications of the new hospital project and verify the screening decision of the Competent Authority and whether an EIA is required.
Procurement
The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the Project have been, or will be, tendered in accordance with the relevant EU procurement legislation.
Status
Under appraisal
-
22/11/2010.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
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