Release date: 19 March 2010
Promoter – Financial Intermediary
Nord DepartmentLocation
Description
The project concerns the design and construction and/or renovation of thirty-five schools in the Nord Department of France.
Objectives
A good level of education and a feeling of being properly included and integrated in society are essential for a country’s current and future economic situation and its social and intellectual development. The project will help to improve the human capital stock of the Nord Department.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Up to EUR 550 million.
Environmental aspects
The project involves new buildings and extensions and/or renovation work for educational purposes. Directive 97/11/EC does not specifically mention the need for an Environmental Impact Assessment (EIA) for educational premises but this project could be regarded as an urban renewal project (Annex II to the EU Directive). This point will have to be examined during the appraisal.
Procurement
Tendering procedures used for public buildings are required to comply with Community procurement directives (Directives 2004/17/EC and 2004/18/EC, as amended by Commission Regulation 1874/2004).
Status
Signed - 17/12/2010
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).