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    Reference: 20140077
    Release date: 3 July 2014

    Promoter – Financial Intermediary

    KLINIKUM REGION HANNOVER GMBH

    Location

    Description

    Rehabilitation, extension and new construction of a public hospital network in the region of Hannover, Lower Saxony.

    Objectives

    To ensure sustainable future development and to overcome an investment backlog, a detailed plan for the reorganisation and further development of the hospitals was set up and approved by the relevant supervising bodies. The Bank’s project will co-finance the relevant investments in 11 sub-projects which will enable the promoter to achieve significant efficiency gains through the modernisation and adaptation of the existing infrastructure.

    Comments

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 109 million

    Total cost (Approximate amount)

    EUR 430 million

    Environmental aspects

    Hospitals are not specifically mentioned in the EIA Directive 2011/92/EU 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. 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/EC 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 - 3/12/2014

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Germany Health