The social development bank for Europe

Bačau municipal infrastructure

  • Approval date

    17 November 2023

  • Borrower

    Bačau Municipality

  • Country

    Romania

  • Loan size

    € 26 700 000

  • Line of action

    Promoting Inclusive and Resilient Living Environments

  • Status

    In progress

This Public Sector Finance Facility (PFF) will part-finance eligible investments aimed at creating a more inclusive and attractive living environment for the residents of Bačau, in particular with the creation of sustainable transport infrastructure, the renovation of three schools and the conversion of a former cinema into an incubator for start-ups and entrepreneurs including a space for community events.

Final beneficiaries: The population of Bačau Municipality and the department of Bačau, in particular vulnerable groups, pupils and MSMEs concerned.