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Reference: 20100186
Release date: 9 June 2010

Promoter – Financial Intermediary

Hochtaunus Kliniken gemeinnützige GmbH

Location

Description

The project involves the construction of two new general hospitals with around 473 and 100 beds/places in Bad Homburg and in Usingen.

Objectives

The new facilities replace existing outdated facilities mainly built in the 1970s.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 150 million.

Total cost (Approximate amount)

EUR 300 million. (EIB estimate)

Environmental aspects

Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the Competent Authority.

Procurement

The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires the Promoter to ensure that all relevant contracts for the implementation of the Project have been, or will be, tendered in accordance with the relevant EU procurement legislation. The Promoter is using the negotiated procedure with prior (open) publication of a contract award notice. The Project’s procurement will be examined during appraisal.

Status

Approved - 14/12/2010

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).

Related tags

Germany Urban development Health