Release date: 17 October 2002
Promoter – Financial Intermediary
Landesbetrieb Krankenhäuser (LBK), BarmbekLocation
Description
The project consists of the construction of a 670-bed general hospital built to current standards in the actual 22-hectare campus location of one of LBK's hospitals, Allgemeine Krankenhaus Barmbek, which will be partially demolished.
Objectives
The existing 90-year old general hospital is not longer suitable for economic provision of modern healthcare. While the new hospital will provide at least an equivalent amount of services, it is anticipated to save at least 15% cost and take up only about 30% of the space compared with the present situation. In addition to construction costs, the project includes medical equipment and information technology. Integral to the project, an innovative organisational approach is being introduced at the hospital.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 80 millions.
Total cost (Approximate amount)
Up to EUR 160 millions
Environmental aspects
Healthcare facilities are not specifically mentioned in the Council Directive 97/11/EEC on EIA. The project consists of a replacement of an existing hospital (to be demolished) by a new one at the same location in Hamburg. It does not affect any protected area and it is not included in the Directive. Compliance with applicable environmental national regulations will be examined during appraisal.
Procurement
The project will be implemented using a special purpose vehicle to build, finance and transfer the hospital, which will then be operated and maintained by LBK under a 20-year rental agreement. The adequacy of the promoter's procurement procedures will be examined during appraisal.
Status
Signed - 13/06/2003