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    Reference: 20230877
    Release date: 9 September 2024

    Promoter – Financial Intermediary

    REPUBLICA PORTUGUESA

    Location

    Description

    Investments in the recovery and rehabilitation of existing 451 schools across Portugal.

    Objectives

    The project's main objectives are to provide better learning conditions for primary and secondary students, by upgrading the public education infrastructure and equipment, and to adapt the school network to changes in the local demand.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    not disclosed

    Total cost (Approximate amount)

    not disclosed

    Environmental aspects

    Directive 2011/92/EU as amended by Directive 2014/52/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, schools may fall under Annex II of EIA Directive 2011/92/EU with respect to urban development. Social and environmental aspects as well as any issues related to historical and cultural heritage will be verified during the appraisal. This includes verification of compliance with accessibility features for people with reduced mobility. The project will include new buildings and renovations, which will comply with the 2010/31/EU Directive on the energy performance of buildings and Directive 2012/27/EU on energy efficiency. The project will include investments located in less developed regions as defined by the EU cohesion policy. Therefore, the project is expected to support the strengthening of the EU's economic, social and territorial cohesion. Moreover, the Project will contribute to better-balanced territorial development, counteracting excessive concentration, strengthening secondary growth poles and reducing inequalities between people and between places. The Project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation, climate adaptation, and sustainable use and protection of water and marine resources.

    Procurement

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

    Status

    Under appraisal - 6/02/2024

    Milestone
    Under appraisal

    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).

    Related tags

    Portugal Education