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    Reference: 20220126
    Release date: 30 June 2023

    Promoter – Financial Intermediary




    Modernisation, rehabilitation and consolidation of five public hospitals in Carinthia, the southernmost state in Austria.


    As a healthcare investment project aiming to modernise a health estate and upgrade its service delivery, the project responds to the Bank's primary objective "Innovation, digital and human capital" (Health). The project is therefore eligible under Article 309 point (c) common interest. The project is aligned with the Urban Agenda for the EU. The project also aims to contribute to the priority objective of the European Commission to "make public health systems more cost-effective, equitable and sustainable". The new and rehabilitated buildings are compliant with the local standard regarding the Energy Performance of buildings and therefore, are aligned with the Paris Agreement.


    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 130 million

    Total cost (Approximate amount)

    EUR 275 million

    Environmental aspects

    Hospitals are not explicitly mentioned in the EIA Directive 2011/92/EU as amended by 2014/52/EU, though the project is covered by Annex II of the Directive concerning urban development. The Bank's services will verify during the appraisal the screening decision of the Competent Authority. It is expected that the project will bear more comprehensive benefits to the community as healthcare is an element of social cohesion and economic development.


    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the 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 Official Journal of the EU, as and where required.


    Approved - 29/11/2023

    Under appraisal
    29 November 2023


    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

    Austria Health