The social development bank in Europe


The Municipality of Lublin and the CEB sign a loan contract to finance social municipal infrastructure

30 October 2013

LUBLIN - The Municipality of Lublin, represented by the Mayor, Krzysztof Żuk, and the CEB, represented by Mikołaj Dowgielewicz, Vice-Governor, today signed a loan worth 280 million Polish zlotys (PLN), aimed at financing municipal infrastructure in the areas of road, public transportation, sport and educational facilities.

The CEB funds will be used to implement public infrastructure projects contained in the City’s long-term investment programme. They will make it possible to create conditions that foster sustainable economic development and to improve the quality of life for the 350 000 inhabitants of Lublin, the capital of the Lubelskie region.

The City’s development policy should enable Lublin to meet population expectations and to converge towards standards of a modern European centre, while strengthening awareness of a regional hub in south-eastern Poland.

The project comes within the CEB’s strategy to support local and regional authorities in Poland in developing public infrastructure and to consolidate its commitment alongside municipalities and regions to help them better integrate and enhance their attractiveness on the European regional scene.

We are extremely pleased today to begin our cooperation with the Municipality of Lublin and to enable it to make use of the advantageous financing conditions proposed by the CEB. We are sure that the City will use these funds in the best possible conditions in order to develop its municipal infrastructure that will contribute to the social development effort sought by both the authorities of the Municipality of Lublin and those of the CEB” declared Mikołaj Dowgielewicz, Vice-Governor of the CEB.

Related country