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Reference: 20020629
Release date: 13 June 2003

Promoter – Financial Intermediary

Technopolis Group and Hermia Science Park Ltd.

Location

Description

The project comprises the construction and/or renovation of laboratory and research premises for high-tech companies in four different science parks in Finland. Three of these science parks are owned by Technopolis Plc: Aviapolis in Vantaa, Technopolis in Oulu and Innopoli in Espoo. The fourth science park (Hermia) is located in Tampere.

Objectives

The project will contribute to Finland’s position as one of the leading countries in high-tech research and development. It also enables further co-operation between academics and industry to facilitate the application of research findings.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 70 million.

Total cost (Approximate amount)

EUR 140 million.

Environmental aspects

As a scientific park the project falls under Annex II of EU Directive EC/97/11 (industrial estate development). The basis for whether an EIA has been requested by the competent authorities or not, and actual/possible significant impacts on protected flora and fauna (Habitats and Birds Directives) will be verified during project appraisal.

Procurement

EIB procurement rules will pertain.

Status

Signed - 10/10/2003

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).

Related tags

Finland Services