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Summary sheet

Release date
24 April 2024
Status
Reference
Approved | 15/10/2024
20230417
Project name
Promoter - financial intermediary
EDUCATION INFRASTRUCTURE (HU) III
MINISTRY OF CONSTRUCTION AND TRANSPORT - HUNGARY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 432 million
Location
Sector(s)
Description
Objectives

The project will finance the construction of six new schools and the renovation of five other schools creating and modernising over 90,000m2 of education facilities.

The aim is to support investments in education while aligning the school network to the current demographic needs.

Environmental aspects
Procurement

Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by Directive 2014/52/EU) does not specifically cover educational facilities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, these may fall under Annex II of the EIA Directive with respect to urban development. The public buildings will be required to at least meet the energy efficiency targets as defined in Directive 2010/31/EU on the energy performance of buildings and Directive 2012/27/EU on energy efficiency. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation, which will be verified during the appraisal. Social and environmental aspects as well as any aspects related to historical and cultural heritage will be further verified during the appraisal of the subsequent sub-projects.

The promoter has to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 89/665/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.

Milestone
Under appraisal
Approved
15 October 2024
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) - EDUCATION INFRASTRUCTURE (HU) III
Publication Date
18 Oct 2024
Document language
Main Topic
Lending
Document Number
186399828
Document Focus
Environmental Information
Project Number
20230417
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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.

Media enquiries

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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