CLINICAL CENTERS PHASE II (EIB-20220554)

Countries
  • Serbia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Belgrade, Kragujevac, Nis and Novi Sad
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 Investment Bank (EIB)
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."
Voting Date
Sep 22, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Serbia - Ministry of Health
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Education and Health
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 371.78 million
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.
Currency conversion note:
Bank reported 315
Converted using 2025-09-22 exchange rate.
Project Cost (USD)
$ 781.33 million
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.
Currency conversion note:
Bank reported 662
Converted using 2025-09-22 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Oct 5, 2025

Disclosed by Bank May 23, 2025


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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.

According to the Bank’s website, the project comprises phase II of the reconstruction, extension and equipping of the Republic of Serbia's four Clinical Centres (multi-speciality university teaching hospitals) in Belgrade, Kragujevac, Nis and Novi Sad. The project promoter is the Ministry of Health (MoH) of the Republic of Serbia. MoH is also responsible for the implementation of Clinical Centers (Phase I) project which is expected to be completed at end of 2025. In detail, phase II involves the new construction, refurbishment and completion of existing buildings for the Clinical Centre of Serbia in Belgrade, the extension and reconstruction of medical infrastructure at the Clinical Centre Kragujevac, the construction of additional facilities at the University Clinical Centre of Vojvodina in Novi Sad, and the reconstruction and extension of infrastructure for the Clinical Centre Nis.

The aim is to improve the access to, and quality of, integrated hospital services across Serbia, with a focus on tertiary and highly specialised care.
The project will serve the population of the Republic of Serbia for highly specialised hospital services, and the population in the catchment area of each Clinical Centre for general and specialised hospital services. The investment will improve geographical access to better hospital services and the creation of a healthy and affordable living environment.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the Environmental and Social Data Sheet, none of the Project schemes are planned to be located within Natura 2000 sites. The Promoter shall make available the relevant building permits once obtained.

The Promoter confirmed that none of the concerned buildings to be financed are in flood risk zones, though an undertaking will be included for the Promoter to provide confirmation and perform a climate risk and vulnerability assessment to be presented to the Bank at the time of allocation.

Based on the information provided to the Bank, the potential schemes are not likely to require any land acquisition and result in involuntary resettlement.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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