Release date: 9 June 2005
Promoter – Financial Intermediary
Republic of Poland acting through the Ministry of FinanceLocation
Description
The Project will support the implementation of public scientific and university based academic development.
Objectives
The Framework Loan will fund part of the State’s budgetary contribution to support investment expenditures connected with the implementation of public scientific and university based academic research where activities are deemed important for the development and accumulation of knowledge and the expansion of the Polish Knowledge Based Economy. Under this Facility the Bank may finance (i) capital investment expenditures (ii) research grants for scientists and (iii) eligible wage costs.
Comments
Regional development and social and economic cohesion; Common interest – R&D and human capital (education)
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 500 million
Environmental aspects
Schemes will be designed in accordance with relevant Polish and EU environmental regulations including Environmental Impact Assessments where appropriate.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the individual projects have been/shall be tendered in accordance with the applicable EU and national law.
Status
Signed - 30/12/2005
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).