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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Latvia : € 30,000,000
    Services : € 12,000,000
    Education : € 18,000,000
    Signature date(s)
    20/07/2017 : € 12,000,000
    20/07/2017 : € 18,000,000

    Summary sheet

    Release date
    16 February 2017
    Status
    Reference
    Signed | 21/07/2017
    20160695
    Project name
    Promoter - financial intermediary
    UNIVERSITY OF LATVIA RESEARCH AND STUDY CENTRE
    LATVIJAS UNIVERSITATE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 90 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a new research and technology centre and a new study centre as part of the development of the university campus

    The project concerns the second phase of University of Latvia's (UL) campus development plan. The proposed project will finance the construction and furnishing of two university facilities in the new Tornakalns campus, located in the direct vicinity of the historical city centre of Riga, next to the National Library. The purpose of the project is to support the modernisation of the university's infrastructure by building a new research and technology centre and a new study centre. UL's aim is to foster interdisciplinary synergies and cooperation between research institutes and study departments by increasing the quality and relevance of teaching, learning and academic research activities. Concentrating the research activities in a single location at the Tornakalns campus instead of using the current isolated facilities around the city of Riga will contribute to the overall quality of the academic space by ensuring a full campus experience for the students.

    Environmental aspects
    Procurement

    Universities and research institutions are not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA). An EIA is therefore not required in accordance with the EIA Directive. However, parts of the investment might 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 for any component of the project. Potential impact on Natura 2000 conservation sites as well as operating procedures and systems related to animal testing, genetically modified organisms (GMOs), biosafety hazards and wastes management will also be checked. For new buildings the following EU directives: (a) Directive 2010/31/EU on the energy performance of buildings; and (b) Directive 2012/27/EU on energy efficiency. The design of the buildings with regard to energy performance and any specific targets to be met will be verified during appraisal.

    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 (Directives 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 Official Journal of the EU, as and where required.

    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) - UNIVERSITY OF LATVIA RESEARCH AND STUDY CENTRE
    Publication Date
    26 Apr 2017
    Document language
    Main Topic
    Lending
    Document Number
    68895566
    Document Focus
    Environmental Information
    Project Number
    20160695
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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