Summary sheet
The project involves the construction of a completely new campus for the Vienna University of Economics and Business to replace the existing, obsolete facilities that are scattered in seven different locations.
Make a university campus available to 23,000 students.
Universities 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 the EIA screening decision of the Competent Authority during appraisal.
As a public entity, the promoter is required to respect national and European legislation applicable to public authorities’ procurement. The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been tendered in accordance with the relevant EU procurement legislation. The procurement issues will be studied during appraisal.