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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