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    Signature(s)

    Amount
    € 225,000,000
    Countries
    Sector(s)
    Germany : € 225,000,000
    Health : € 225,000,000
    Signature date(s)
    21/12/2012 : € 225,000,000

    Summary sheet

    Release date
    12 September 2011
    Status
    Reference
    Signed | 21/12/2012
    20110232
    Project name
    Promoter - financial intermediary
    Krankenhausmodernisierung Rheinland

    Landschaftsverband Rheinland (LVR)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 225 million
    EUR 450 million
    Location
    Sector(s)
    Description
    Objectives

    The planned project comprises the rehabilitation, renovation, extension and new construction of around 30 healthcare facilities for modern day clinics, hospitals, rehabilitation centres and related infrastructure throughout the Rhineland region of North Rhine-Westphalia.

    The LVR has developed a multi-annual capital investment programme to extend, update and replace the existing infrastructure network with the aim to provide state-of-the-art healthcare and social services in purpose-designed facilities, and to increase decentralised and integrated service provision closer to the patient’s place of residence.

    Environmental aspects
    Procurement

    Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the projects may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the competent authority. Due to the fact that healthcare is an element of social cohesion, the project will have positive social benefits in this respect.

    The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment programme will be examined during appraisal.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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.

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    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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