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    Reference: 20120260
    Release date: 5 September 2013

    Promoter – Financial Intermediary

    COMUNIDAD AUTONOMA DEL PAIS VASCO

    Location

    Description

    The project concerns an investment programme in the health infrastructure of the Basque Country, Spain.

    Objectives

    The main objectives of the plan are the sustainable further development of public service delivery through the integration of health services across different levels of care, and the reinforcement of research and innovation.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 200 million

    Environmental aspects

    Hospitals are not specifically mentioned in the EU Directive 2011/92/EU; however, the project may fall under Annex II of the Directive in relation to urban development, in which case the decision on whether an EIA is needed or not is up to the local competent authorities. The Bank’s services will verify all the environmental details and the decision of the competent authorities during the due diligence.

    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 projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment project will be examined during appraisal.

    Status

    Signed - 7/11/2013

    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

    Spain Health