Release date: 14 July 2004
Promoter – Financial Intermediary
Bundesimmobiliengesellschaft mbH (“BIG”).Location
Description
The Project comprises the construction and rehabilitation of seven higher education and research facilities.
Objectives
The purpose of the Project is to upgrade existing teaching facilities and to increase the available space for research and higher education teaching activities in Austria.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 65m.
Total cost (Approximate amount)
EUR 141m.
Environmental aspects
Education facilities are not included in EU Directive 97/11/EEC on Environmental Impact Assessment. In some cases the Annex II of the Directive can concern them as Urban Development projects. The current project encompasses rehabilitation works on existing premises and the construction of single buildings in urban areas dedicated to educational use; an EIA has not been required by the competent authorities.
Procurement
Procurement procedures applied will be in compliance with EU Directives, applicable to public authorities’ procurement and national legislation.
Status
Signed - 22/06/2004
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).