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Reference: 20120271
Release date: 19 September 2012

Promoter – Financial Intermediary

UNIVERSITY OF EAST ANGLIA

Location

Description

Capital investment programme dedicated to the development and refurbishment of the University of East Anglia's campus in Norwich.

Objectives

The purpose of the project is to refurbish teaching, research and supporting facilities of the University of East Anglia. The refurbished facilities will form part of the university campus situated in the centre of Norwich. The UEA has prepared a comprehensive Campus Refurbishment Plan. The objective of the plan is to expand the current campus by refurbishing some of the adjacent buildings for use by the university.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 49 million (GBP 40 million)

Total cost (Approximate amount)

EUR 135 million (GBP 110 million)

Environmental aspects

Universities and research institutions are not specifically mentioned in the EIA Directive on Environmental Impact Assessment. An EIA is therefore not required in accordance with the EIA Directive 2011/92/EU. However, parts of the investment cover the construction of new facilities and therefore 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 for any component of the project.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 2/05/2013

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

United Kingdom Education