Release date: 5 July 2013
Promoter – Financial Intermediary
STEIERMAERKISCHE KRANKENANSTALTEN GESELLSCHAFT MBHLocation
Description
The project supports the infrastructure and organisational development programme for the University Hospital in Graz, Austria. The promoter and borrower is the Land Steiermark (Federal State of Styria).
Objectives
To ensure the hospital's future role as one of the leading facilities in Austria, and considering its role as a university hospital serving the country's wider population, the State agreed in May 2010 with the Federal Government on an extensive investment programme named “LKH 2020”.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 220 million
Total cost (Approximate amount)
EUR 540 million
Environmental aspects
Hospitals are not specifically mentioned in the EIA Directive 2011/92/EU, 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. It is expected that the project will have positive social benefits as healthcare is an element of social cohesion.
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 and Dir. 2007/66/EC [amending Directives 1989/665/EEC and 1992/13/EEC]), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 2/12/2013
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).