Release date: 5 September 2008
Promoter – Financial Intermediary
Federal State of Mecklenburg-Vorpommern represented by the Ministry of FinanceLocation
Description
The operation is designed to provide co-finance for up to 50% of the total eligible RDI investment costs incurred by the Ministry of Education and Science of the State during the period 2009-2011.
Objectives
By co-financing public R&D investments the project will assist Germany, and by extension the EU, in improving essential research capability. The proposed operation would be fully in line with the Bank’s priority of lending to projects in R&D and innovative downstream investment.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 255 million.
Total cost (Approximate amount)
Indicative amount EUR 540 million.
Environmental aspects
Because the RDI projects will be carried out within existing science facilities, detrimental effects on sites of nature conservation are unlikely. It is, therefore, not expected that any RDI component will require an EIA as defined by EU Directive 97/11. This will be verified during appraisal.
Procurement
Germany has adopted the relevant EU Directives into national law. All investments will be open to interested contractors on the basis of fair competition and non-discriminatory terms. Notably for contracts exceeding the relevant thresholds, tender notices will be published in the OJEU.
Status
Signed - 10/11/2008