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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Italy : € 50,000,000
Health : € 50,000,000
Signature date(s)
27/07/2006 : € 50,000,000
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Summary sheet

Release date
3 March 2006
Status
Reference
Signed | 27/07/2006
20050519
Project name
Promoter - financial intermediary
Policlinico San Matteo
Originally founded in 1447 in Pavia, the POLICLINICO SAN MATTEO is a public hospital and one of the largest healthcare centres of the Lombardy region with 1 286 beds combining clinical facilities with research and teaching activities. The hospital is integrated into the National Health Service and in 1982 it was declared a Treatment and Research Institute of Public Interest (IRCCS) by the Italian Ministry of Health.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 75 EUR million.
The project cost is currently estimated at approx. EUR 160 million.
Location
Sector(s)
Description
Objectives

The proposed project concerns the restructuring and expansion of the existing hospital, including: (a) the construction of a multifunctional 12-story building where the casualty department, 1 surgical block, and wards for a total of 517 beds will be relocated from existing structures (“pavilions”) that has now become obsolete and dysfunctional; (b) the new construction of an infectious diseases and AIDS clinic; (c) the new construction of an administration building together with teaching facilities; (d) the restructuring a long-term residential facility for AIDS patients and (e) the remodelling of the respiratory diseases pavilion. 14 new operating theatres will add to the hospital’s capacity to respond to a growing need, deriving from the higher complexity and number of surgical treatments, while the overall number of beds and specialties will remain the same.

The proposed project will facilitate the modernisation and rationalisation of the hospital’s old pavilion structure that has now become obsolete and dysfunctional, it will improve its physical condition, functional suitability and space utilisation, and consequently it will contribute to the overall clinical management efficiency and reduction of associated maintenance and operating costs.

Environmental aspects
Procurement

The new hospital will be located in an area, which has received planning consent authorized in 1977. The plans were revised in 2001 and the competent authorities have approved the new planning request. (To be confirmed during appraisal).

The application of the procurement procedures will be confirmed during project appraisal, but it is not expected to be problematic.

Comments

Research & Development, Innovation 2010 Initiative (i2i.)

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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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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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