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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Ireland : € 40,000,000
    Services : € 11,200,000
    Education : € 28,800,000
    Signature date(s)
    27/08/2019 : € 11,200,000
    27/08/2019 : € 28,800,000
    Link to source

    Summary sheet

    Release date
    18 January 2019
    Status
    Reference
    Signed | 27/08/2019
    20180831
    Project name
    Promoter - financial intermediary
    RCSI EDUCATION & RESEARCH BUILDING
    ROYAL COLLEGE OF SURGEONS IN IRELAND
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 89 million
    Location
    Sector(s)
    Description
    Objectives

    The project involves the demolition of an existing building and construction of a new building providing modern teaching and research facilities to support the continuing development of the Royal College of Surgeons in Ireland (RCSI) and its St Stephen's campus in Dublin. The new project will enable the introduction of a new medical curriculum and the use of new pedagogical techniques to improve learning outcomes, create state-of-the-art research laboratories and consolidation of other departments and courses into RCSI's central campus.

    The proposed project is designed to assist the Promoter to further enhance its capacity and readiness to contribute to human capital formation and to carry out research and development with beneficial effects for the knowledge economy in Ireland.

    Environmental aspects
    Procurement

    The Council Directive 2011/92/EU as amended by Directive 2014/52/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible national authorities to request an EIA on the basis of the location and scale of the works concerned. However, universities are likely to fall under Annex II of EIA Directive 2014/52/EU with respect to Urban Development. Social and environmental aspects as well as any issues related to historical and cultural heritage will be verified during the appraisal. The project will include new buildings, which will comply with the 2010/31/EU directive on energy efficiency of buildings.

    The promoter has been assessed by EIB as being a private entity not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement.

    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) - RCSI EDUCATION & RESEARCH BUILDING
    Publication Date
    24 Apr 2019
    Document language
    Main Topic
    Lending
    Document Number
    89947273
    Document Focus
    Environmental Information
    Project Number
    20180831
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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