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Reference: 20080734
Release date: 13 May 2009

Promoter – Financial Intermediary

Comunidad Autónoma de Castilla y León

Location

Description

In support of the ongoing health infrastructure plan for the period 2008 to 2011, the Autonomous Region of Castilla y León is currently implementing investments within a wider public services investment programme. The health projects contained within this programme include the construction, extension and rehabilitation of health centres, and the modernisation, expansion and/or replacement of small, medium and larger hospital infrastructures.

Objectives

Located in a “phasing-in” region of Spain, the project is eligible under the convergence objective and as a health project, it responds to the Environmental priority objective under “sustainable communities” (health). The programme may also include some investment in University hospitals. The eligibility of the project and proportion of the project attributable to the Knowledge Economy objective will be explored during appraisal.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 250 million.

Total cost (Approximate amount)

Estimated EUR 500 million.

Environmental aspects

Hospitals are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the Competent Authority.

Procurement

The Bank requires the promoter to ensure that all procurement contracts for the implementation of the project have been or will be tendered in accordance with the relevant legislation. The procurement issues will be examined during appraisal.

Status

Signed - 5/01/2010

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

Spain Health