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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Hungary : € 400,000,000
    Health : € 80,000,000
    Education : € 320,000,000
    Signature date(s)
    6/12/2012 : € 80,000,000
    6/12/2012 : € 320,000,000

    Summary sheet

    Release date
    28 September 2012
    Status
    Reference
    Signed | 06/12/2012
    20120349
    Project name
    Promoter - financial intermediary
    HUMAN CAPITAL CO-FINANCING FL
    The loan will provide financing for the Social Infrastructure and the Social Renewal Operational Programmes within Hungary’s National Strategic Reference Framework for the EU programming period 2007-2013, complementing EU grants and national resources.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 400 million
    EUR 3637 million
    Location
    Sector(s)
    Description
    Objectives

    Co-financing of two Hungarian Operational Programmes (SIOP, SROP) - health and education sector.

    The proposed operation will complement EU grants support. It will contribute to the implementation of eligible investments in the fields of healthcare, education and training, which are expected to foster Hungarian economic and social development, including employment, and further integration within the EU.

    Environmental aspects
    Procurement

    The proposed project is a multi-sector, multi-scheme operation classified as Framework Loan/Structural Programme Loan. It will co-finance two operational programmes which are supported by the European Regional Development Fund and, to a lesser extent, the Cohesion Fund, thus are subject to Strategic Environmental Assessment (SEA) according to EU Directive on SEA 2001/42/EC.

    Under this framework loan some schemes are likely to fall under Annex I or Annex II of the EIA Directive 2011/92/EU. Should any scheme have a negative impact on an area forming part of Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC) the Bank would require the promoter to act according to the provisions of the aforementioned Directives as transposed into the national law.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - HUMAN CAPITAL CO-FINANCING FL
    Publication Date
    28 May 2014
    Document language
    Main Topic
    Lending
    Document Number
    46062638
    Document Focus
    Environmental Information
    Project Number
    20120349
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - HUMAN CAPITAL CO-FINANCING FL
    Publication Date
    14 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    80697766
    Document Focus
    Environmental Information
    Project Number
    20120349
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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