Signature(s)
Amount
€ 167,029,774.87
Countries
Sector(s)
United Kingdom
: € 167,029,774.87
Health
: € 167,029,774.87
Signature date(s)
27/04/2005 : € 167,029,774.87
Link to source
Data sheet
Other links
Summary sheet
Release date
16 October 2002
Status
Reference
Signed | 27/04/2005
20020337
Project name
Promoter - financial intermediary
Newcastle Hospitals PPP
The Newcastle upon Tyne Hospitals National Health Service Trust (the “Trust”)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approx GBP 120 million
to be confirmed post appointment of preferred bidder
Location
Sector(s)
Description
Objectives
The Project comprises the reconfiguration of acute hospital services, involving the closure of one site and the reprovision of services to two other sites which will be upgraded and modernised.
The objectives are to improve significantly the provision of acute hospital services in the area by amalgamating and integrating services on two (as opposed to the previously, three) sites. This will lead to a concentration of staff expertise and high cost equipment and the elimination of unnecessary duplication.
Environmental aspects
Procurement
The EIB will review the environmental impact assessment required under the statutory approval process in the UK.
The project was advertised in the Official Journal in July 2001, and the selection of the preferred partner is on-going.
Link to source
Summary sheet
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Data sheet
Related press
News & Stories
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