Release date: 25 April 2005
Promoter – Financial Intermediary
The Free State of Bavaria, represented by its Ministry of Finance or any financial intermediary acceptable to the Bank.Location
Description
The project concerns the financing of Bavaria’s expenditure for public-sector research for the period 2004-2005. Investments mainly concern basic and applied research carried out by research institutions and the public universities in the state.
Objectives
The project will assist the Free State of Bavaria in implementing its R&D programmes over the period 2004-2005, and will thus strengthen the research infrastructure of the concerned scientific and academic institutions, increasing their productivity and improving Germany’s readiness to contribute to the Lisbon targets and the common European Research Area.
Comments
Research and Development
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million.
Total cost (Approximate amount)
EUR 11200 million.
Environmental aspects
The project complies with relevant EU and national environmental legislation.
Procurement
The promoter is required to respect national and European legislation applicable to public authorities procurement.
Status
Signed - 1/07/2005