Improving municipal infrastructure in the City of Turku 2
-
Approval date
25 January 2019
-
Borrower
City of Turku
- Country
-
Loan size
€ 50 000 000
-
Line of action
Sustainable and inclusive growth
Climate action: developing adaptation and mitigation measures -
Status
Completed
Additional request for an amount of €50 million for an increase of LD 1956 (2018) to a total amount of €100 million to part-finance investments in municipal infrastructure (Improving living conditions in urban and rural areas sector) which foresees the construction of additional buildings and renovation of existing facilities.
The PFF (Public sector Financing Facility) will benefit a wide range of persons including children, young people, families, students, teaching staff, residents using municipal premises, the elderly, as well as people with disabilities and senior citizens living in serviced apartments.