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    Reference: 20200297
    Release date: 1 July 2020

    Promoter – Financial Intermediary

    REPUBBLICA ITALIANA

    Location

    Description

    The project consists of a framework loan to support healthcare investments incurred by the Italian Regions and/or other public sector entities / sub-sovereign public authorities in relation to the COVID-19 pandemic. It is part of the EU Members States and European Commission joint response to the pandemic and in line with the EIB's main infrastructure policy objective, in particular related to "Integrated territorial development".

    Objectives

    As a healthcare and recovery plan, the project aims to address the current COVID-19 crisis and the related healthcare needs across the country. The schemes under this framework loan cover investments for the upgrade of the management information system (e.g. electronic medical records), thus contributing to the EIB's primary objective of "Innovation and Skills" (e-Health). Moreover, some components of the project and part of the total investment cost are expected to be located in cohesion regions. The project partially also responds to the Climate Action policy target, since the component of the total costs referring to refurbishment works will contribute to improve the energy performance of the concerned hospital buildings.

    Comments

    n/a

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 2000 million

    Total cost (Approximate amount)

    EUR 3155 million

    Environmental aspects

    The project concerns operational and capital expenditures that are expected to be carried out in the Promoter's existing facilities already authorised for the same purpose and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, in case the Promoter is notified by one of the competent environmental authorities that one of the components constituting the project should require an EIA or equivalent, a copy of such EIA needs to be sent to the EIB once established.

    Procurement

    The promoter has to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Signed - 30/07/2020

    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

    Italy Health