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SCIENCE DEVELOPMENT

Signature(s)

Amount
€ 475,000,000
Countries
Sector(s)
Poland : € 475,000,000
Education : € 475,000,000
Signature date(s)
27/12/2007 : € 475,000,000
Link to source
Data sheet
SCIENCE DEVELOPMENT
Other links
Summary sheet
Science Development

Summary sheet

Release date
4 October 2006
Status
Reference
Signed | 27/12/2007
20060394
Project name
Promoter - financial intermediary
Science Development
Republic of Poland acting through the Ministry of Finance
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 475 million.
EUR 979 million.
Location
Sector(s)
Description
Objectives

The project will support the development of science and technology in public scientific institutions and university-based academic environments.

The loan will fund a part of the State’s 2007 budgetary contribution to support investment expenditures connected with the implementation of public scientific and university-based academic research where activities are deemed important for the development and accumulation of knowledge and the expansion of the Polish Knowledge Based Economy. Under this Facility the Bank may fund: (i) capital investment expenditures in public scientific and academic infrastructures, technology platforms, and equipment; (ii) research grants for scientists; and (iii) a portion of the eligible wage costs of scientists employed in the public system.

Environmental aspects
Procurement

Schemes will be designed in accordance with relevant Polish and EU environmental regulations including Environmental Impact Assessments where appropriate.

The Bank will require the Promoter to ensure that contracts for the implementation of the individual projects have been/shall be tendered in accordance with the applicable EU and national law.

Comments

Regional development and social and economic cohesion; research, development and innovation and human capital.

Link to source
Summary sheet
Science Development
Other links
Data sheet
SCIENCE DEVELOPMENT

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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