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    Reference: 20100513
    Release date: 9 November 2010

    Promoter – Financial Intermediary

    vzw AZ Maria Middelares

    Location

    Description

    Financing of the construction of a new hospital building on the existing site in Ghent.

    Objectives

    By merging the services on one single site, the project will lead to the reorganisation of service delivery, of logistics and to an improvement of the general functioning of the hospital. Unit-cost reductions, shorter patients’ stays, greater comfort are expected results of the operation.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million.

    Total cost (Approximate amount)

    EUR 210 million.

    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. During appraisal, the Bank’s services will examine the environmental implications of the new hospital project and verify the screening decision of the Competent Authority and whether an EIA is required.

    Procurement

    The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires 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 Project’s procurement strategy will be examined during appraisal.

    Status

    Signed - 1/12/2011

    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

    Belgium Health