Education Infrastructure and Accommodation for Vulnerable Groups in Leipzig
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Approval date
31 January 2025
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Borrower
City of Leipzig (Stadt Leipzig)
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Loan size
€ 125 000 000
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Line of action
Investing in People and Enhancing Human Capital
Promoting Inclusive and Resilient Living Environments -
Status
In progress
This Public sector Financing Facility (PFF) will partially finance eligible investments in education infrastructure and for accommodation of refugees and homeless persons in the years 2024 to 2028, in particular construction of ten new schools and sports facilities and modernisation of four schools as well as acquisitions and construction of new modular refugee accommodation units and conversion and modernisation of existing buildings.
Final beneficiaries: More than 8 400 school-age children, staff of educational institutions and around 900 refugees and homeless people.