Stadtentwicklung Brandenburg

Promoter – Financial Intermediary

The State of Brandenburg in Germany

Location

• Germany

Description

Co-financing of urban renewal programmes focusing on sustainable development in the State of Brandenburg/Germany

Objectives

It is foreseen that under this operation EIB finances the respective shares that the state of Brandenburg contributes to the programmes.

Comments

Construction

Sector(s)

• Urban development

Proposed EIB finance (Approximate amount)

EUR 174 million

Total cost (Approximate amount)

EUR 444 million

Environmental aspects

Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the sub-projects – demolition, modernising, rehabilitation of social housing and associated social and urban infrastructure, rehabilitation of historical buildings in built-up urban areas and small-scale new construction bringing back into use brownfield sites – it is unlikely that an EIA would be required in most cases.

Procurement

Compliance with the EU procurement directives and national laws shall be ensured.

Status

Signed - 28/01/2009