Release date: 24 June 2009
Promoter – Financial Intermediary
Ministry of Science and Higher Education of the Republic of Poland
Location
Description
The purpose is to co-finance the Republic of Poland’s eligible recurrent wage costs of scientists and academics employed in public scientific institutions and accredited public universities as well as costs for capital investments in science and technology infrastructure, laboratories and equipment. The investments will be allocated to public scientific institutions, universities and academic research teams based in all regions of the country.
Objectives
The purpose of the project is to co-finance up to 50 per cent of eligible investment costs, the Republic of Poland’s budgetary outlays for capital investments in science and technology infrastructure and equipment, and up to 50 per cent of eligible recurrent costs of scientists and academics employed in public scientific institutions and accredited public universities in the fiscal years 2009 and 2010.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 675 million (or 50% of project cost).
Total cost (Approximate amount)
The project cost is estimated at EUR 1 358 million but this needs to be verified during appraisal.
Environmental aspects
Poland is subject to applicable EU Law and has adopted environmental legislation in line with the standards mandated by EU Directives. The promoter will have to consider the environmental impact of proposed R&D activities in the context of prevailing planning and environmental regulations. The environmental consequences of the project should be acceptable, but this will be verified during the appraisal.
Procurement
Polish public procurement law fully complies with Directives 2004/17/EC and 2004/18/EC and its predecessors, Directives 92/50/EEC, 93/36/EEC and 93/37/EEC. However, the Bank will require the Promoter to ensure that investments comply with EU procurement directives.
Status
Signed - 30/07/2009
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).