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    Reference: 20080325
    Release date: 22 July 2008

    Promoter – Financial Intermediary

    European Parliament

    Location

    Description

    Renovation of the existing building (KAD1) and extension (KAD2) of the current premises of the European Parliament's Konrad Adenauer building in the Grand Duchy of Luxembourg.

    Objectives

    The purpose of the project is to bring together on a single Kirchberg Plateau site, adjoining the existing Konrad Adenauer building (KAD1), all the infrastructure required to accommodate the activities of the Secretariat General of the European Parliament, which are currently scattered across Luxembourg city. This will serve to streamline the institution's operating costs and provide it with modern facilities, tailored to today's communications and maintenance standards as well as its requirements in terms of comfort, ergonomics, security, energy savings and overall cost.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Around EUR 237 million.

    Total cost (Approximate amount)

    Around EUR 556.3 million.

    Environmental aspects

    The project falls under the requirements laid down in the EIA Directive 85/337/EEC amended by Directive 97/11/EC and 2003/35/EC. The Competent Authority screened the project in and an Environmental Impact Assessment is being carried out.

    Procurement

    Compliance with EU directives and national regulations on procurement is required.

    Status

    Signed - 13/01/2012

    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

    Luxembourg Urban development