POLISH ACADEMY OF SCIENCES

Promoter – Financial Intermediary

REPUBLIQUE DE POLOGNE - MINISTRY OF SCIENCE AND HIGHER EDUCATION

Location

• Poland

Description

The proposed project will support the scientific activities and academic operations of a large and fast developing EU Member State, via the multiannual 2013-2014 investment programme of the Polish Academy of Sciences and its specialised research institutes.

Objectives

The proposed operation is fully in line with the Bank's activities and academic operations of a large and fast developing EU Member State, via the multiannual 2013-2014 investment programme of the Polish Academy of Sciences and its specialised research institutes.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

PLN 600 million (EUR 144 million)

Total cost (Approximate amount)

PLN 1200 million (EUR 287 million)

Environmental aspects

The project will finance the scientific activities and academic operations of the Polish Academy of Science. Capital investment in new infrastructure is not foreseen but the project may include support for laboratory equipment. The mostly intangible nature of the project makes it highly unlikely that an Environmental Impact Assessment (EIA) would be required in accordance with EIA Directive 2011/92/EU. However, the Bank’s services will verify during the appraisal whether an EIA might be required for any project component.

Procurement

The promoter is required to respect national and European procurement legislation. The Bank will require the promoter to ensure that all relevant contracts for the implementation of the project have been tendered, or shall be tendered, in accordance with the applicable procurement legislation.

Status

Signed - 22/11/2013