Hamburg Schools (DE)

Projektträger – zwischengeschaltetes Finanzinstitut

The Federal State of the Free and Hanseatic City of Hamburg through a public limited company owned by the City.

Ort

• Deutschland

Beschreibung

The project involves the refurbishment, extension, new construction and maintenance of 32 primary and secondary schools in the southern districts of Hamburg. A public limited company obtained the contract for an extensive remodelling programme and the maintenance of the 32 facilities throughout the concession period of 25 years.

Ziele

The project supports investments in new facilities as well as the rehabilitation and modernisation of existing schools. Improving education achievement is a priority for strengthening productivity growth and enhancing residents’ employment prospects. The EIB loan will contribute to the consolidation and modernisation of the schools and therfore to human capital formation and the economic and social development of Hamburg. Therefore the project is fully eligible for EIB funding under Article 267 of the Treaty, point (c) i2i (education).

Sektor(en)

• Bildung

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 150 million

Gesamtkosten (voraussichtlicher Betrag)

EUR 300 million

Umweltaspekte

Schools are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project is covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal the EIA screening decision of the Competent Authority.

Auftragsvergabe

The Bank will require the promoter to ensure that all relevant contracts for the implementation of the project have been or shall be tendered in accordance with the relevant EU procurement legislation. The detailed procurement issues will be studied during appraisal.

Projektstatus

Unterzeichnet - 24/07/2008