HUMAN CAPITAL CO-FINANCING FL
- Reference: 20120349
- Release date: 28 September 2012
The loan will provide financing for the Social Infrastructure and the Social Renewal Operational Programmes within Hungary's National Strategic Reference Framework for the EU programming period 2007-2013, complementing EU grants and national resources.
- Hungary
Co-financing of two Hungarian Operational Programmes (SIOP, SROP) - health and education sector.
The proposed operation will complement EU grants support. It will contribute to the implementation of eligible investments in the fields of healthcare, education and training, which are expected to foster Hungarian economic and social development, including employment, and further integration within the EU.
- Health, Education
EUR 400 million
Total cost (Approximate amount)EUR 3637 million
Environmental aspectsUnder this framework loan some schemes are likely to fall under Annex I or Annex II of the EIA Directive 2011/92/EU. Should any scheme have a negative impact on an area forming part of Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC) the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law.
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Signed - 06/12/2012.
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).
