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Reference: 20040396
Release date: 25 February 2005

Promoter – Financial Intermediary

The Federal State of Schleswig-Holstein

Location

Description

The project concerns the financing of Schleswig-Holstein's expenditure for public-sector research for the period 2003-2006. Investments mainly concern basic and applied research carried out by the five large German research institutions. A smaller portion is earmarked for the support of specialised public research institutes within the Federal State.

The structure of publicly funded research in Germany is characterized by a large number of institutions ranging from large research organisations to universities to independent single-purpose research institutes. Among them, the Deutsche Forschungsgemeinschaft, the Max-Planck-Gesellschaft, the Leibniz-Gemeinschaft, the Helmholtz-Gemeinschaft and the Fraunhofer-Gesellschaft stand out as top-tier research organisations whose aim is to promote leading-edge research and technological development. The financing of these large research institutions is shared between the German Federal Government and all 16 Federal States. In the proposed operation, EIB funds would cover the expenditure of Schleswig-Holstein, up to 50% of total investment cost in the state. In addition, the project also concerns expenditure for research activities at Schleswig-Holstein's public universities.

Objectives

Support of publicly funded basic and applied research in the Federal State of Schleswig-Holstein.

Comments

Research and Development

Sector(s)

Proposed EIB finance (Approximate amount)

Up to 50% of project costs

Total cost (Approximate amount)

Up to EUR 925.25 million

Environmental aspects

The Federal Republic of Germany and the Federal States are subject to applicable EU Law and have adopted environmental legislation in line with standards mandated by relevant EU Directives.

Procurement

German public procurement law complies fully with Directives 93/36/EEC, 93/37/EEC and 93/38/EEC. Hence any required tenders will be organised in compliance with these procurement directives.

Status

Signed - 24/05/2005

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).

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Germany Services