Education investments in the City of Vantaa
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Approval date
31 January 2025
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Borrower
City of Vantaa
- Country
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Loan size
€ 100 000 000
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Line of action
Investing in People and Enhancing Human Capital
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Status
In progress
This Public sector Financing Facility (PFF) will partially finance eligible investments within Vantaa’s seven districts with significant cultural diversity, in particular in the districts of Hakunila, Koivukylä and Myyrmäki, where the proportion of residents with foreign backgrounds is around 30% and above. The investments will include the construction and renovation of schools (55% of investments) and daycare facilities (45%).
Final beneficiaries: Children in daycare and in basic education across the city of Vantaa, in particular vulnerable children from immigrant families and from underserved areas and their teachers.