Improving municipal infrastructure in the city of Vilnius
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Approval date
16 March 2023
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Borrower
City of Vilnius
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Loan size
€ 35 000 000
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Line of action
Promoting Inclusive and Resilient Living Environments
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Status
Completed
An additional Public Sector Financing Facility (PFF) request to part-finance investments under the City’s long-term strategy including the construction of new structures as well as the restoration and renovation of existing facilities for the budgetary period 2023-2025. The PFF will part-finance a number of subprojects ranging from sports and cultural facilities to schools and healthcare infrastructure. Furthermore, the PFF will support the provision of municipal services to refugees from Ukraine.
Final beneficiaries: the population of the City of Vilnius, including refugees following the Russian Federation’s aggression against Ukraine and other vulnerable groups.