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Signature(s)

Amount
€ 94,000,000
Countries
Sector(s)
Germany : € 94,000,000
Education : € 94,000,000
Signature date(s)
27/06/2005 : € 94,000,000
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Summary sheet

Release date
9 January 2004
Status
Reference
Signed | 27/06/2005
20020689
Project name
Promoter - financial intermediary
Schulen Kreis Offenbach PPP

Kreisausschuss des Kreises Offenbach
Werner-Hilpert-Str. 1
63128 Dietzenbach, Germany

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250m.
EUR 500-550m (Lot West's cost is about EUR 270m; Lot East is expect to be similar).
Location
Sector(s)
Description
Objectives

The project will involve the rehabilitation, renovation and partial reconstruction of 88 schools comprising 450 buildings located in the Kreis Offenbach.

The improvement of education standards is an important priority for the Kreis Offenbach. By contributing to the modernisation of schools and other educational infrastructure, as well as the upgrading of multi-media, sports and other facilities on school premises, the loan will contribute to human capital formation and economic development in the region.

Environmental aspects
Procurement

Education construction activities are not specifically mentioned by Council Directive 97/11/EEC, Annex II, in respect of the necessity of an Environmental Impact Assessment (EIA).

This project is expected to be procured and awarded in conformity with relevant EU Directives. The procurement was advertised in the Official Journal.

Comments

Educational sector.

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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).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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