HELSINKI LAAKSO HOSPITAL

Promoter – Financial Intermediary

CITY OF HELSINKI,HUS-YHTYMAE

Location

• Finland

Description

The project involves the rehabilitation and significant extension of a psychiatric and somatic hospital in the Laakso area of Helsinki, with the aim to transfer a significant portion of the related care to one integrated hospital site. The project will be jointly implemented by the wellbeing joint authority for Helsinki and Uusimaa (HUS-yhtymä) and the City of Helsinki.

Objectives

The aim is to support integrated health care delivery and improves efficiencies and thus contributes to fulfilling the objectives of the health care reform in Finland.

Sector(s)

• Health - Human health and social work activities

Proposed EIB finance (Approximate amount)

EUR 480 million

Total cost (Approximate amount)

EUR 975 million

Environmental aspects

Hospitals are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The EIB's services will verify during appraisal the screening decision of the Competent Authority. It is expected that the project will bear wider benefits to the community as healthcare is an element of social cohesion and economic development.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/24/EU and/or 2014/25/EU and/or 2014/23/EU as well as Directives 89/665/EEC and 92/13/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

Approved - 12/07/2024