Release date: 5 September 2013
Promoter – Financial Intermediary
COMUNIDAD AUTONOMA DEL PAIS VASCOLocation
Description
The project concerns an investment programme in the health infrastructure of the Basque Country, Spain.
Objectives
The main objectives of the plan are the sustainable further development of public service delivery through the integration of health services across different levels of care, and the reinforcement of research and innovation.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
Hospitals are not specifically mentioned in the EU Directive 2011/92/EU; however, the project may fall under Annex II of the Directive in relation to urban development, in which case the decision on whether an EIA is needed or not is up to the local competent authorities. The Bank’s services will verify all the environmental details and the decision of the competent authorities during the due diligence.
Procurement
The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the investment project will be examined during appraisal.
Status
Signed - 7/11/2013