The social development bank for Europe

Improving municipal infrastructure in Kaunas City Municipality

  • Approval date

    24 January 2020

  • Borrower

    Kaunas City Municipality

  • Country

    Lithuania

  • Loan size

    € 25 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

Additional request for an amount of €25 million for an increase of LD 2000 (2019) to a total amount of €50 million to part-finance investments aimed addressing the strategic priorities defined in the City Development Plan of Kaunas City Municipality.

cFinal beneficiaries will be the residents the City of Kaunas and Kaunas region who are daily users of municipal services, in particular, children, students enrolled in educational institutions, citizens attending cultural events, people practising sports and tourists.

Lithuania: CEB approves €125 million to support public investments

Press release 28 January 2020

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