University of West Macedonia Student Accommodation via a PPP (EBRD-17233)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Greece
Geographic location where the impacts of the investment may be experienced.
Specific Location
Kozani, Florina, Kastoria, Ptolemaida
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
University of Western Macedonia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Apr 22, 2024

Disclosed by Bank Feb 15, 2023


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EBRD:

UoWM, via this project of strategic importance, aims at addressing current accommodation needs and at providing modern energy efficient building facilities, bringing together the activities of the University and having a positive impact on the educational and research experience of the West Macedonia Region. Also, the UoWM sets out to become the first Greek zero-emission university laying the foundation for the transition period of the West Macedonia Region.

The Project envisages the construction of student residences and supporting facilities in four sites: Kozani, Florina, Kastoria and Ptolemaida, with total capacity in beds 350, 150, 150 and 100 respectively:

  • Kozani campus: the land plot is owned by the UoWM (provided by the State) and is located north of Kozani’s Active Urban Planning Zone. The planned infrastructure includes the construction of student accommodation and catering facilities (two buildings proposed for student residences, three buildings for catering purposes, communal areas and reception/administration respectively), and construction of approximately a 700-people capacity conference centre / amphitheatre to accommodate the University’s events, lectures and laboratories.
     
  • Florina campus: the land plot is located north of the city of Florina adjacent to a regional road. The project includes the construction of 150 student dormitories, catering facilities, communal and green areas. The infrastructure is proposed to be built on 4 levels.
     
  • Kastoria campus: the land plot is within the area where the existing university campus is situated. The project includes the construction of 150 student dormitories, catering facilities, communal and green areas. The infrastructure is proposed to be built on 3 levels.
     
  • Ptolemaida campus: the land plot is located within the area owned by the former military campus and part of it has been proposed to be granted by the National Defense Fund to the Municipality of Eordaia for its indefinite use via a concession agreement. The project includes the construction of 100 student dormitories, catering facilities, communal and green areas.
     
  • All above facilities are directed exclusively for the use of civilian students based strictly on socio-economic criteria (below average).
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Investment information not available at the time of disclosure.


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

General enquiries to the EBRD:

Phone: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Beneficiary - University of Western Macedonia:

Email: pr@uowm.gr
Phone: +302461056212
Address: University of Western Macedonia, Active Urban Planning Zone (ZEP), 50100 Kozani
Website: www.uowm.gr/en

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html

How it works

How it works