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Reference: 20060394
Release date: 4 October 2006

Promoter – Financial Intermediary

Republic of Poland acting through the Ministry of Finance

Location

Description

The project will support the development of science and technology in public scientific institutions and university-based academic environments.

Objectives

The loan will fund a part of the State’s 2007 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 fund: (i) capital investment expenditures in public scientific and academic infrastructures, technology platforms, and equipment; (ii) research grants for scientists; and (iii) a portion of the eligible wage costs of scientists employed in the public system.

Comments

Regional development and social and economic cohesion; research, development and innovation and human capital.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 475 million.

Total cost (Approximate amount)

EUR 979 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 - 27/12/2007

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

Poland Education