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Signature(s)

Amount
€ 240,000,000
Countries
Sector(s)
Finland : € 240,000,000
Health : € 240,000,000
Signature date(s)
1/12/2015 : € 75,000,000
22/05/2017 : € 80,000,000
15/05/2019 : € 85,000,000
Link to source

Summary sheet

Release date
9 March 2015
Status
Reference
Signed | 01/12/2015
20140391
Project name
Promoter - financial intermediary
OULU UNIVERSITY HOSPITAL
POHJOIS-POHJANMAAN SAIRAANHOITOPIIRIN KUNTAYHTYMAE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not disclosed.
Location
Sector(s)
Description
Objectives

Investments related to the expansion, renovation and improvement of the Oulu University Hospital in Finland.

To ensure the hospital’s future as one of the leading university hospitals in the country, the district approved in June 2013 a long-term investment plan for the further development of the existing facilities until 2030.

Environmental aspects
Procurement

Hospitals are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU, though the project may be covered by Annex II of the directive in relation to urban development. The Bank’s services will verify the screening decision of the competent authority during appraisal and whether an EIA is required. It is expected that the project will have positive social benefits as healthcare is an element of social cohesion.

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 (Directive 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - OULU UNIVERSITY HOSPITAL
Publication Date
11 Sep 2015
Document language
Main Topic
Lending
Document Number
61286270
Document Focus
Environmental Information
Project Number
20140391
Sector(s)
Regions
Countries
Publicly available
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